TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Sunday, May 28, 2006

50-State Business Filing Data: LLCs Skyrocket, Corporations Stagnate

Larry Ribstein has posted some fascinating state-by-state business filing data from the International Association of Commercial Administrators.  Of the 35 states with filing data for the past four years, 32 reported increases in LLC filings and 21 reported decreases in corporation filings.  In the six largest states. the growth in LLC filings from 2002 to 2005 ranged from 60.3% to 237.9%, while three of the states experienced declines in the number of corporate filings ranging from (11.4%) to (27.3%) and the three states with growth in the number of corporate filings ranged from 4.6% to 23.7%:

Llc_v_corp_2  

As Larry concludes: "The corporate form is hanging on -- it's what most practitioners know. But it's looking less and less like the future of business associations."

https://taxprof.typepad.com/taxprof_blog/2006/05/50state_busines.html

Gov't Reports | Permalink

TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341c4eab53ef00d8345d9b6569e2

Listed below are links to weblogs that reference 50-State Business Filing Data: LLCs Skyrocket, Corporations Stagnate:

» Google from
Google news and reviews [Read More]

Tracked on May 28, 2006 11:15:47 PM

» State Business Filing Data from Zmetro.com
Taxprof:Larry Ribstein has posted some fascinating state-by-state business filing data from the International Association of Commercial Administrators. Of the 35 states with filing data for the past four years, 32 reported increases in LLC filings and ... [Read More]

Tracked on May 30, 2006 8:55:12 AM

Comments