Re: Forming an LLC?
I have not heard of directincorporation but assume its probably the same as legalzoom.
It sounds like you have a lot of questions and I would recommend talking to a lawyer, especially if you are going to have partners/multiple members.
I will answer your questions, but must state that I am not offering legal advice.
An LLC can be dissolved at any time. How far you are into the process of setting up the LLC will determine what needs to be done to dissolve it.
There is no limit to how many LLC's you can be a member of or how many EIN's you can apply for, in fact, most entrepreneurs have multiple businesses.
Dissolving an LLC will not have a negative effect on any of its members. However, if not dissolved properly it can. LLC's have to be renewed every year, you cannot just simply not renew and it will go away, rather it will show as not in good standing. You will actually have to file articles of dissolution for it to cease to exist.
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Rebecka Melson ~ Virtual Business Services
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