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 and 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.