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Why is an Operating Agreement important?

The Operating Agreement is the contract of a LLC - a shareholders agreement. The Operating Agreement is not mandatory in all states of the U.S. It is in many U.S. states not mandatory. However, it is often important that an Operating Agreement exists. Without a corresponding provision in the Shareholders Agreement, the LLC would dissolve, for example, if one of its members leaves the company. The contract is usually an important criteria for the German tax authorities when it comes to the corporation or partnership classification of the LLC in Germany.

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With its quick and professional service, ALTON LLC helped us found our C Corporation and obtain the investor visa we needed.  In addition to saving us valuable time, they were prompt in supporting us in accomplishing our stock split, as well as successful with our deadlocked visa application.  Our experience with Max Karagoz and ALTON LLC was always positive and definitely the right choice. - Andreas Kisslinger (Cross Media Production)

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