Deadlines

UAESep 30: Corporate tax return and payment due for calendar-year taxpayers
IndiaSep 30: DIR-3 KYC filing due for company directors
IndiaSep 30: Tax audit report (Form 3CA/3CB-3CD) due
IndiaOct 7: TDS/TCS deposit due for the previous month
IndiaOct 11: GSTR-1 filing due for monthly GST filers
USOct 15: Extended Form 1120 and Form 5472 returns due
IndiaOct 20: GSTR-3B and GST payment due for monthly filers
AustraliaOct 28: Quarterly BAS lodgement and payment due
IndiaOct 30: LLP statement of account and solvency (Form 8) due
AustraliaOct 31: Individual tax return due for self-lodgers
UKOct 31: Paper Self Assessment return due
IndiaOct 31: Income tax return due for companies and audit cases

UAESep 30: Corporate tax return and payment due for calendar-year taxpayers
IndiaSep 30: DIR-3 KYC filing due for company directors
IndiaSep 30: Tax audit report (Form 3CA/3CB-3CD) due
IndiaOct 7: TDS/TCS deposit due for the previous month
IndiaOct 11: GSTR-1 filing due for monthly GST filers
USOct 15: Extended Form 1120 and Form 5472 returns due
IndiaOct 20: GSTR-3B and GST payment due for monthly filers
AustraliaOct 28: Quarterly BAS lodgement and payment due
IndiaOct 30: LLP statement of account and solvency (Form 8) due
AustraliaOct 31: Individual tax return due for self-lodgers
UKOct 31: Paper Self Assessment return due
IndiaOct 31: Income tax return due for companies and audit cases

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Single vs Multi-Member LLC

By BookMyLLC ExpertFebruary 1, 20265 min read

Single-Member vs Multi-Member LLC: Key Differences

Choosing between a single-member and multi-member LLC affects your taxes, management structure, and compliance requirements.

Single-Member LLC

Owned by one person. Taxed as a disregarded entity by default (report on Schedule C). Simpler management and fewer compliance requirements.

Multi-Member LLC

Owned by two or more people. Taxed as a partnership by default (file Form 1065). Requires a more detailed Operating Agreement and partnership tax return.

Which Should You Choose?

If you're the sole owner, a single-member LLC is simpler. If you have business partners, a multi-member LLC provides better structure and liability protection.

Single-Member vs Multi-Member LLC: Key Differences

Single-Member LLC

Multi-Member LLC

Which Should You Choose?

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