A Limited Liability Company In New Jersey -- Simple, Elegant

June 16, 2004
Stephanie Eidolon

A Limited Liability Company In New Jersey is, of course, subject to the laws of the state. This is a given. However, the state government has offered clemency for limited liability companies in New Jersey, or, at the very least, the owners thereof. The state laws are somewhat different from others', though, and in a variety of subtle ways that are easily overlooked if one isn't paying attention to the statutes and codes. We're here to make it easy for you.

Show Me -- How Easy Is It?

New Jersey LLCs are somewhat different from other LLCs. For instance, in many cases, limited liability companies are not allowed to remain after their original founders die or go bankrupt. However, there are a couple of famous LLCs in the state. You might know them. The Hudson Bay Company, for instance, was founded in the late 1600s and is still in existence today. General Electric was founded in 1882 by Thomas Edison and is a major player in world fortunes currently. The Ford Motor Company was also founded in New Jersey…not much needs to be said about that. This is because New Jersey offers something called "Perpetual Duration" -- in other words, the state allows your company to exist long after you have died.

New Jersey's articles of organization are very simple. They only require answers to a few short and easy questions, such as your new company's name, your name and address, the mailing address for your business, and so on. long as you have plenty of patience for filling out tedious paperwork, you're well on your way to your very own limited liability company and enjoying the legal protection it provides.