The word ‘big brands’ would bring large corporations with extended structures to the minds of many people. Surprisingly, it is overwhelming to realize how some of the biggest names operate on a simpler structure, an LLC. For non-resident entrepreneurs looking to enter the US, learning about popular examples of LLC companies can be an exciting way to get inspired and understand how this structure can turn out to be versatile. In this blog, we will look through some popular examples of LLCs and give you a pretty fair idea as to why most of the big brands opt for an LLC and how Bizfyle can help create your own LLC!
1. Alphabet (Google’s Parent Company):
Perhaps the most famous LLC, or at least one of them, is Alphabet Inc., which is the parent company of Google (big brands). While Google was technically founded as an LLC and used such a structure in its infancy stages of growth, it was founded as a C Corporation. This allowed founders to scale with less administrative burden and avoid double taxation during the early years. That’s just saying they enjoyed simplicity and flexibility while scaling up as a startup into one of the largest tech giants in the world.
Why it matters: Starting as an LLC provided Google the flexibility at the time it needed most when it was a startup. It is one of the strong examples of how you could use an LLC in the early stages, something which Bizfyle can do with ease.
2. Sony Music Holdings:
Sony Music Entertainment is a subsidiary of Sony Corporation (big brands) and in the US, is organized as LLC. This provides flexibility, especially about joint ventures and partnership in the fast-moving industry. Because of this structure, Sony Music has more control over tax liabilities and how the profits are divided among artists and other business partners.
Why it matters: This can be quite useful when there are creative businesses in which flexibility also needs to be accounted for. Bizfyle can help a non-resident set up an LLC structure, much like the one described above, but tailored to the needs of their specific industry.
3. PepsiCo Inc.
PepsiCo functions as a large corporation, but the majority of its smaller ventures and brands are in LLC form. The flexibility of LLCs within a corporation allows for smoother creation of joint ventures, liability management, and segregation from the parent company. Major joint ventures with other beverage companies or smaller food brands are usually organized as LLC to also contain particular liabilities and simplify operations.
Why This Matters: Large Corporationa like PepsiCo have shown just how much flexibility LLCs can provide even for a larger business structure, which could be great strategy for entrepreneurs looking to build different ventures and engage in other business with Bizfyle to make sure processes go smoothly.
4. Amazon
Amazon operates a host of different LLCs. From its Web Services-AWS arm to much smaller subsidiaries, Amazon often uses the LLC corporate form when it tries to manage new ventures or regional operations. This is part of the strategy for keeping such operations at arm’s length from the main corporation to keep managerial matters simple and/or to reduce the risk of liabilities on the parent company.
Why This Matters: Amazon leverages LLCs for a deep example of how to keep flexibility across the arms of a business. Bizfyle can take you through this strategy in case you plan to structure your business with different LLC entities.
5. Mars Inc. (Petcare)
For instance, Mars Inc., owner of famous pet food products like Pedigree and Whiskas, once employed LLCs in brand management. These LLC setups will enable Mars to keep the books of each brand separate, aside from reducing overall tax liability. This becomes especially crucial when enormous, family-run businesses intend to retain control as well as keep accounts of their respective business divisions.
Why It Matters: The above example itself has demonstrated an LLC being used aptly in structuring a complex business. Through services offered by Bizfyle, you can structure your brands or the segments of a business under separate LLCs, so that you manage them better with liability cover for all.
6. Apple Retail Stores LLC
Apple has an LLC for its retail operations; it’s called the Apple Retail Stores, LLC. This will provide Apple with the opportunity to operate its extensive store network while exposing only the minimum liability from the rest of the corporation. By using an LLC, Apple can segregate its retail operations take advantage of the limited liability feature of the LLC and keep the books and financials separate from its corporate worldwide structure.
Why This Matters: If you are one of those people who wish to operate their business for different aspects independently under different LLCs, then Apple is a good example. With Bizfyle, it’s easy to open a different LLC for each of your ventures or store locations.
7. Nike’s Subsidiaries
Nike has numerous LLCs, in particular for its international operations. This will enable Nike to manage the affairs and risks within their various interested countries. Establishing an LLC will further enable Nike to establish regional operations that are more sensitive to local regulations, insulate the parent company from liabilities of its international subsidiaries, as well as take advantage of favorable treatments in tax policies.
Why This Matters: This can help international entrepreneurs. Whether you are from another country, Bizfyle can show you how to set up an LLC based in the United States and help make this transition into a smoother operation.
Benefits of an LLC for Non-Resident Entrepreneurs
These popular examples of LLCs from companies like Google, Sony, and Nike demonstrate just how flexible and advantageous an LLC structure can be. Here’s why non-residents might especially benefit from forming an LLC in the US:
- Asset Protection:
The LLC structure provides a layer of protection for personal assets, meaning that if the business encounters financial trouble, the owner’s assets remain protected.
- Tax Flexibility:
LLCs offer “pass-through taxation,” which can benefit non-residents by reducing the likelihood of double taxation. For example, LLC owners only pay taxes on their share of the profits.
- Ease of Operation:
LLCs come with simpler administrative requirements compared to corporations. This is especially beneficial for entrepreneurs navigating US regulatory processes from abroad.
- Global Brand Credibility:
A US-based LLC provides credibility and positions your brand as a legitimate player in the global market, opening doors to more partnerships and business opportunities
Conclusion:
The beauty of an LLC structure is that it works for everyone, from Silicon Valley giants to individual entrepreneurs. These popular examples of LLCs show exactly how versatile and appealing they truly can be. Whether you launch a tech startup, a music label, or a regional business venture, an LLC will give you protection, flexibility, and tax advantages that let your business grow. With Bizfyle by your side, setting up your US LLC has never been this easy.
Looking for a good start for your business in the US? Contact Bizfyle, and let’s build your vision, LLC-style!
