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A word about the Series LLC
Series LLC
Flexible Structure
Other Benefits
Antiguan Advantage
LLC Admin Tips
US Tax considerations

The LLC Act in Antigua makes provision for the establishment of the series LLC. The series LLC must be designated as such in its name, so the name of the LLC must include the term “Series LLC” or “SLLC.” The series LLC is a unique feature of the Antigua legislation and permits an LLC to have designated series of specified property or operations with separate business purposes or investment objectives. By doing so, the debts, liabilities, and obligations relating to a particular series are enforceable only against the assets of such series and not against the assets of the LLC generally or the assets of any other series. Each series may have separate members, managers, assets and liabilities, and business interests. However, to obtain the benefits of the series option each series must be treated separately, separate books must be kept for each series and generally the affairs of each series must be separate. Another benefit of using the series LLC includes cost savings – instead of organizing several LLCs, a series LLC may be used instead. The series LLC may also be advantageous in real estate investments by segregating each property into a different series and isolating the risks associated with each.

 

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