Are Single Member LLC permitted in New Jersey? - Ask TaxGuru

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#1 (permalink)

Old

01-18-2007, 12:53 AM

bpcombs is offline

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Join Date: Jan 2007

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Are Single Member LLC permitted in New Jersey?

TaxGuru,

Does NJ allow single member LLC's??

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#2 (permalink)

Old

01-18-2007, 10:07 AM

TaxGuru is offline

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Dear bpcombs,

Actually, the answer is yes! NJ along with most of the states allow Single member LLC formation. But, I would recommend that you talk to a CPA to determine whether an S Corporation has more merits.

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