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Form an LLC in only seven steps: Select a unique name, appoint your registered agent, determine your LLC's structure, create an operating agreement, file articles of organization, get an EIN and ...
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]
Create the LLC Once you’ve found where you want to set up the LLC and you’re eligible, it’s time to file the articles of incorporation with the state’s department of state.
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
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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