Do You Create A LLC?

El Magico said:

Do you guys that are having client in the USA create a LLC. I want to start a Local SEO buissness in the states. Im american but live in europe now. Is this necessary, or should I just go ahead with my first clients and not create a legal buissness and just do it as a freelancer sort of...

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krishnaverma said:

If the clients are ready to work with you as a Freelancer, why bother creating a LLC ?

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krishnaverma said:

If the clients are ready to work with you as a Freelancer, why bother creating a LLC ?

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Sherb said:

If you don't have an LLC and they hit you with a massive lawsuit that they actually win, they could take your cars, house, everything you own.

If you do have an LLC and signed the contract with them through that, then they cannot obtain anything beyond what is in the LLC's name.

The entire idea of an LLC is in the name: Limited Liability.

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Sherb said:

An LLC protects you from risk. Here is a scenario. You start with a client and manage to accidentally get their entire website completely deindexed. They are pissed, and they decide to toss a lawsuit your way for breach of contract and then some.

If you don't have an LLC and they hit you with a massive lawsuit that they actually win, they could take your cars, house, everything you own.

If you do have an LLC and signed the contract with them through that, then they cannot obtain anything beyond what is in the LLC's name.

The entire idea of an LLC is in the name: Limited Liability.

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krishnaverma said:

I remember reading something like this for LLP in my country. Does this also apply to other types of companies like a Private Limited company ?

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