An LLC (Limited Liability Company) is a business structure that combines elements of a partnership, sole proprietorship and a corporation. An LLC provides the limited liability features of a corporation plus the tax efficiencies and operational flexibility of a partnership.
A series LLC consists of an umbrella LLC (the parent aka Pro-Tier) and numerous series LLCs underneath it (which is what we offer to create for you). Each series LLC is separated from each other for liability purposes. Each series LLC also has assets separate from the others, and has its own owners (members).