How long will your LLC exist?
Your LLC may be set up for a Specific or Perpetual Duration; the designation is written into the Articles of Organization. - Specific Duration: The LLC will be dissolved on or before the designated date.
- Perpetual Duration: The LLC will continue to exist forever or until the members decide to dissolve, or terminate, the company’s existence. If you plan to operate a business and do not anticipate an end date, members will want to designate this LLC for Perpetual Duration.
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