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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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Our company WorldTra.de LLC was connected professionally and personally with ALTON LLC from 2005 until our move in 2008. In addition to some good advice, Mr. Karagoz always completed his Registered Agent duties with absolute integrity and to our utmost satisfaction. Unfortunately these days this is something one rarely finds . With Mr. Karagoz and his service, you will be well served ... no ifs, ands or buts.- M. Juenemann (Worldtra.de LLC)

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