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A limited liability company (LLC) ... and $100 for an LLC. The fee for filing the annual report the following year is $300 for stock-corporations and LLCs. The fee is ...
Many states have an initial filing fee along with an annual fee and annual report filing requirement necessary for an L3C to maintain its legal status. Following filing, the members of the L3C must execute a formal operating agreement. In the operating agreement, L3Cs need to define its purpose per the provisions of IRS Treasury Regs.Sec.53. ...
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There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
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The limited liability limited partnership (LLLP) is a relatively new modification of the limited partnership.The LLLP form of business entity is recognized under United States commercial law.
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