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An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and ...
Whether you choose to do the paperwork yourself or with the help of professionals, however, most states allow you to file your LLC's articles of organization online. Filing fees vary by state but ...
The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
Here’s what you need to know about LLC loans and the steps you should take to get one. Can you get a business loan with an LLC? Yes, you can get a business loan with an LLC.
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company, or joint venture.
Next, contact any federal, state, or local agencies from which you received licenses to cancel them and take care of any outstanding fees. Professional, trade, or general business licenses fall ...
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