OCTOBER 2008: THE STATE WE'RE IN
Rise of the LLCs
In
the late ’90s, Oregon filings for new corporations more
than doubled the number of limited liability companies (LLCs).
But in the last decade the situation has reversed, with
corporations staying about the same and new LLCs growing 19%
per year on average. Total active filings as of July have grown
22% during the last five years, with the LLC share of them
increasing from 15% in 2003 to 28% in 2008. Assumed business
names are the only filing that has declined (-2%).
