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What Is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure in the U.S. that protects the assets of its owners from lawsuits...
A limited liability company (LLC) is a legal entity used to own, operate and protect a business. Here's everything you need to know about LLCs.
Limited liability company definition. An LLC (limited liability company) provides more flexibility than a corporation, and more robust liability protection than a sole proprietorship.
A limited liability company (LLC) combines the best parts of corporations, sole proprietorships, and partnerships into one business entity. This popular choice for small businesses offers owners liability protection, a flexible management structure, and certain tax advantages.
An LLC shields your personal assets from business debts and liabilities. Tax Flexibility: LLCs can choose how they want to be taxed, either as a pass-through entity or as a corporation. Credibility: Having “LLC” after your business name can lend credibility to your company in the eyes of customers and partners.
Limited Liability Company (LLC) is a non-incorporated business organization that retains elements of both partnerships and corporations. The LLC form allows a lot of flexibility in arranging the organizations to the specific needs of its investors.
According to Legal Zoom, an LLC is a company that boasts flexibility, tax ease and legal protection because it combines some of the best elements of a corporation, sole proprietorship and partnership into one business entity.
What exactly does LLC mean? An LLC, or limited liability company, is a type of business entity that a company can form by filing paperwork with the state. An LLC can have one owner (known as a "member") or many owners.
An LLC is a limited liability company; it protects a business owner's personal assets. Learn the pros and cons of LLCs and how to start one.
A limited liability company (LLC) is a popular business structure combining both the liability protection of corporations and pass-through taxation of partnerships.