I am an LLC, can I still create an offering?
Yes! You can absolutely raise capital on StartEngine if your business is currently set up as a Limited Liability Corporation (LLC).
By utilizing StartEngine, you will be raising capital from many different people who share your vision & dream for your company. If you are set up as an LLC and want to raise capital on StartEngine, you do want to consider one factor -- issuing K-1's.
The same reporting rules still apply to an LLC, should you capitalize under Regulation CF or Regulation A+ -- meaning, you will be responsible for providing each one of your investors a K-1 report.
For this reason, we do see some companies convert from an LLC to a C-Corporation before raising capital on StartEngine.
However, it is not necessary to do so! We always recommend doing what is best for you and your company.