What is a US LLC? Features and required documents

LLC (Limited Liability Company) is a form of business organization under the laws of each state in the United States. For international sellers, the important question is not only “should you open an LLC” but also the state of registration, manager, payment receipt and post-incorporation maintenance obligations.

What characteristics does an LLC have?

Theo U.S. Small Business Administration (SBA), LLC combines some of the characteristics of a corporation and a partnership model; The owner's liability is usually limited, but the scope of protection and its application depends on state law as well as the specific circumstances. LLC is a legal entity under state law; Classification for federal tax purposes may vary.

What do you need to determine before registering?

• State of formation: Compare physical locations, registration requirements, costs and periodic reporting. Don't choose a state just because of the initial opening fee.
• Ownership structure: Identify members, managers, and operating agreements so that records are consistent.
• Business profile: Prepare activity descriptions, owner information, contact addresses and identification documents as required by the service provider.
• Payments: Check the requirements of the intended platform; Having an LLC does not mean being approved for a payment account.

Does an LLC automatically fit every model?

No. If a business sells into multiple markets or has staff or warehouses in different states, additional requirements may apply. The SBA recommends considering liability, taxes, fundraising and administrative requirements before choosing a structure. Rules vary by state; check with the relevant state authority and a qualified professional for your circumstances.

Main source: SBA — Choose a business structure. Checked on 28 September 2026. General information only; not a substitute for professional advice.