I will draft an operating agreement for your llc

India

I speak English, Hindi

46 orders completed

Qualified Advocate

I am a qualified and licenced Advocate registered with Jammu and Kashmir High Court Bar Association, Jammu.
About this Gig

Why Do you need an Operating Agreement?

An LLC operating agreement is a document that customizes the terms of a limited liability company according to the specific needs of its members. It also outlines financial and functional decision-making in a structured manner. It is similar to articles of incorporation that govern the operations of a corporation.

The agreement is drafted to allow owners to govern the internal operations according to their own rules and specifications. The absence of an operating agreement means that your business has to be run according to the default rules of your state.


Even if a business venture only has a single owner/employee, it can still be beneficial to codify the relationship with an LLC operating agreement. Having an operating agreement establishes a legal boundary between the LLC and the owner so that the owner is not held accountable for the LLC's debts or liabilities. Otherwise, creditors to the LLC may pursue the owner's personal assets.



Field of law:

Business (corporate)

International

Commercial

Document type:

Employment agreement

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