How to Create a Series LLC in Pennsylvania

What Is a Series LLC?

A Series LLC is a unique form of a limited liability company that allows for the creation of multiple, distinct series within a single LLC. Each series operates independently, with its own assets, liabilities, and members. This structure allows for the segregation of assets and liabilities, providing protection for each series from the debts and obligations of the others.

Does Pennsylvania Allow Series LLCs?

As of the current date, Pennsylvania does not authorize the formation of Series LLCs under its state laws. The Pennsylvania Limited Liability Company Law does not include provisions for Series LLCs, which means that businesses cannot form this type of entity within the state. Therefore, special language for Series LLCs is not applicable in Pennsylvania formation documents.

Pennsylvania Series LLC Filing Fees and Costs

Since Series LLCs are not permitted, there are no specific fees for them. The filing fee for a traditional LLC in Pennsylvania is $125.

Pennsylvania Franchise Tax and Series LLCs

Pennsylvania does not impose a franchise tax on LLCs, including Series LLCs, which are not recognized in the state.

Additional Resources

• Pennsylvania Department of State
• Business Division/Formation Page
• Pennsylvania Department of Revenue
• Contact: Phone: 717-787-1057, Email: ra-corps@pa.gov

This article provides general information about Pennsylvania LLC formation requirements under the Pennsylvania Limited Liability Company Law. It is not intended as legal advice. Persons forming an LLC should consult with a private attorney regarding their specific circumstances.