Get advice, answers, and information

What percentage of the individual profit allocation must the Members be paid each year?

Each member of an LLC will receive a yearly profit allocation from the company's total profits.  This profit allocation is held within the company, but is essentially assigned to the members according to their percentage of ownership.  As an example, if a company earns $100, and has two members with 50% ownership each, then each member's profit allocation is $50.  All company profits may be held within the company.  Alternatively, the members may vote to receive a portion of their profit allocation from the company in the form of a check each year, much like a salary.

If you have a question and need to speak with someone directly, please call our incorporation specialists at (888) 627-1186. We can guide you through the process and answer any questions that you may have.