Seattle and Tacoma Limited Liability Attorneys

What is a Limited Liability Company (LLC)?

A limited liability company (LLC) is a type of business entity that provides many of the advantages of a corporation, combined with the tax advantages and flexibility of a partnership.

What are the advantages of an LLC?

Under an LLC structure, personal assets (e.g., a home, personal vehicle, etc.) are not subject to the debts and liabilities of the company. This liability shield is not foolproof, however. As with corporations, under limited circumstances, a person can “pierce the corporate veil” and can reach an individual’s personal assets.

What are the disadvantages of an LLC?

LLC profits are subject to self-employment taxes, including Medicare and Social Security. LLCs must retain more than one member, or be subject to federal taxes as a sole proprietorship or corporation. LLC filing papers and regulatory requirements differ from state to state.

Washington State LLCs

LLCs in Washington State must file an annual report with the Secretary of State, and if they have more than one member, obtain an IRS Employee Identification Number. Washington State LLCs must also appoint a registered agent with a physical address in the state of Washington, to receive service of process. Out of state LLCs doing business in the State of Washington must also appoint a Washington-based registered agent, and register with the Secretary of State.

Although Washington State does not require LLCs to have operating agreements, a solid operating agreement can address a variety of issues that may arise during the course of business. An experienced Washington State business attorney can help draw up an operating agreement that will grow with your new company.

Why Hire a Law Firm to Form an LLC?

LLCs have specific requirements which must be met in order to obtain tax advantages. Setting up your business properly in the startup phase can save you significant money in the long run. An experienced business law firm can help you understand if the LLC is the best choice of business entity for you, as well as help you navigate complicated regulatory requirements and keep up with mandatory filings.

Seattle and Tacoma Business Law Services

Choose an experienced corporate law firm for your business. The lawyers of Dickson Frohlich have provided legal services to small and large companies in the Seattle and Tacoma area, for decades.  Our knowledge of the local courts and judiciary will potentially save your business valuable time and money.

Call now for a FREE 15-minute telephone consultation, to decide if our firm is right for you. We charge reasonable rates and provide personalized service to a variety of businesses throughout Puget Sound. If your business is based in the Seattle or Tacoma area, call the experienced corporate attorneys of Dickson Frohlich today, to get your LLC off the ground.

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Thomas L. Dickson

Tom is an experienced litigator and the founding partner of the Dickson Frohlich. For over 30 years, he’s helped clients prevail in their real estate, construction, and business law matters.

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Robert P. Dickson

The core of Rob’s legal practice is civil litigation, with an emphasis on construction, real estate, and business law. He represents a wide range of clients, from large construction companies to individual homeowners.

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Mark S. Johnson

Mark’s legal practice focuses on civil litigation, real estate law, business law and family law. He works tirelessly to help his clients achieve the outcome they are looking for.

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Daniel J. Frohlich

Dan’s legal practice focuses on civil litigation, real estate law, business law and probate law. He has more than 10 years of experience as an attorney serving clients throughout Western Washington.

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Chris Lindemeier

As an associate at Dickson Frohlich, Chris practices in a wide range of areas, including business law, real estate law, civil litigation, and intellectual property law.

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Rebecca Corcoran

As an associate at Dickson Frohlich, Rebecca is active in the firm’s business law department. She can help with entity formation, intellectual property, as well as any necessary litigation involving your business’s needs

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Daniel Pizarro

As an associate at Dickson Frohlich, Daniel is active in the firm’s civil litigation department. His practice is mainly centered around real estate law, landlord-tenant law, construction law, and probate law.

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Alexander Wisbey

Alexander Wisbey comes to the firm with 5 years of experience as a litigator and trial attorney. He has first chaired several jury trials and has extensive experience handling arbitrations, mediations, depositions, and settlements.

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George Knight

George is an honors graduate of Emory University School of Law. While there, George served on the Emory Law Journal as an Articles Editor.

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Reed Speir

Born and raised in Anchorage, Alaska, Reed Speir has lived in the Tacoma area since 1994. Reed earned his law degree from Seattle University School of Law.

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I highly recommend Dickson Frohlich and if I ever need a lawyer again they will be my first call.

- Jeremy H.

I can’t even tell you how much I appreciate this firm! These guys helped me through one of the most challenging legal situations I’ve faced in my life. Their skill and expertise literally saved my business. I’ve dealt with other counsel in the past but the Dickson firm was by far the most competent and tactful counsel I’ve ever received. I would recommend this group to anyone!

- Keith D.

It’s a pleasure to work with the guys at Dickson Frohlich. One of the first things that stood out to me was how down to earth and friendly everyone at the firm is. I would definitely recommend them.

- Den L.