Yes there is a moderate amount of protection with an LLC. The key is managing it correctly. One of the biggest hurdles will probably be the need to pay yearly fees to both the state and to the company that will receive your documents. I believe this is required in most states. It costs me ~ 150 a year to keep the LLC open. Since my income on that LLC last year was less than $200 it makes me question my decisions.... But sooner or later that company will do something I hope.
On Sat, Jan 16, 2010 at 2:09 PM, theSmith <chris.smith...@gmail.com> wrote: > Thanks for they reply Wayne, > > Under an LLC there is a certain level of personal protection yes? > Even if there is only one person in the LLC? > > Its my first time generating some revenue off coding (I'm still in > college) and I really would like some legal protection, even though my > apps shouldn't warrant that kind of protection. > > -theSmith > > On Jan 16, 1:12 pm, Wayne Wenthin <wa...@fuligin.com> wrote: > > LLC's are pretty cheap to form. I have 1 LLC that I'm a partner in and > 1 > > sole proprietorship. The software is not published under the LLC > though. > > But if you are worried that your app may make people do something that > you > > need legal protection from I would look into license agreements that you > > require them to acknowledge on install and you will probably need to pay > an > > attorney to draft one that will be enforceable. > > > > > > > > On Sat, Jan 16, 2010 at 9:46 AM, theSmith <chris.smith...@gmail.com> > wrote: > > > Hey all, > > > > > I was just wondering what your thoughts are on having some law > > > enforcement on your side as well as legal protection. As an > > > independent developer its hard to afford legal nonsense like this. In > > > your experience has it been worth it to include legal agreements with > > > your apps and do you have protection like a LLC to protect yourself > > > from being sued into oblivion? > > > > > Also what licenses are freely available that might be of interest? > > > > > -theSmith > > > > > -- > > > You received this message because you are subscribed to the Google > > > Groups "Android Developers" group. > > > To post to this group, send email to > android-developers@googlegroups.com > > > To unsubscribe from this group, send email to > > > android-developers+unsubscr...@googlegroups.com<android-developers%2bunsubscr...@googlegroups.com> > <android-developers%2bunsubscr...@googlegroups.com<android-developers%252bunsubscr...@googlegroups.com> > > > > > For more options, visit this group at > > >http://groups.google.com/group/android-developers?hl=en > > > > -- > > Writing code is one of few things > > that teaches me I don't know everything. > > > > Join the Closed Beta of Call Girl Managerhttp://www.fuligin.com/forums > > -- > You received this message because you are subscribed to the Google > Groups "Android Developers" group. > To post to this group, send email to android-developers@googlegroups.com > To unsubscribe from this group, send email to > android-developers+unsubscr...@googlegroups.com<android-developers%2bunsubscr...@googlegroups.com> > For more options, visit this group at > http://groups.google.com/group/android-developers?hl=en > -- Writing code is one of few things that teaches me I don't know everything. Join the Closed Beta of Call Girl Manager http://www.fuligin.com/forums
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