As a team of business attorneys, we can tell you that there are many different types of limited liability company structures depending on whether it is a single or multi-member LLC, how you want the company to be managed and how you would like it to be treated for tax purposes. The types of Georgia limited liability corporations include:

Single Member Structures:

1. Single-member LLC owned by an individual and taxed as a sole proprietorship;

2. Single-member LLC owned by an individual and taxed under Subchapter S (avoids double taxation issues);

3. Single-member LLC owned by an individual and taxed under Subchapter C (LLC taxed as a corporation and then members taxed on distributions);

4. Single-member LLC owned by an entity and treated as a disregarded entity for tax purposes;

5. Single-member LLC owned by an entity and taxed under Subchapter S as a qualified subchapter S subsidiary; and

6. Single-member LLC owned by an entity taxable under Subchapter C.

Multi-Member Structures:

1. Multi-member LLC with a simple general partnership management structure and taxed under Subchapter K;

2. Multi-member LLC with a simple general partnership management structure and taxed under Subchapter S;

3. Multi-member LLC with a complex general partnership management structure and taxed under Subchapter K;

4. Multi-member LLC with a complex general partnership management structure and taxed under Subchapter S;

5. Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under Subchapter K;

6. Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under Subchapter S;

7. Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under Subchapter C;

8. Multi-member LLC with a complex general partnership management structure and taxed under Subchapter K;

9. Multi-member LLC with a simple limited partnership management structure, controlled by members, and taxed under Subchapter K;

10. Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under Subchapter S;

11. Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under Subchapter C;

12. Multi-member LLC with a complex limited partnership management structure, controlled by managers, and taxed under Subchapter K;

13. Multi-member LLC with a complex limited partnership management structure, controlled by managers, and taxed under Subchapter S;

14. Multi-member LLC with a complex limited partnership management structure, controlled by managers, and taxed under Subchapter C;

15. Multi-member LLC with a corporate management structure taxed under Subchapter K;

16. Multi-member LLC with a corporate management structure taxed under Subchapter S;

17. Multi-member LLC with a corporate management structure taxed under Subchapter C;

18. Series LLC.

If you would like to speak to one of our Atlanta business formation or business litigation attorneys feel free to give us a call at (770) 887-3261 or visit our website for more information. Please also feel free to send us a confidential e-mail through our Web Site “Contact Us“ form. Spaulding Law has three conveniently located offices in Atlanta, Alpharetta and Cumming, Georgia. Our Firm represents clients throughout the Metro Atlanta area, including: Atlanta, Alpharetta, Cumming, Roswell, Sandy Springs, Decatur, Lawrenceville, Marietta, Smyrna, Duluth, Acworth, Fayetteville, Norcross, Canton, John’s Creek; DeKalb County, Fulton County, Cobb County, Forsyth County, Gwinnett County, Fayette County, Clayton County, Dawson County and Cherokee County.