Limited liability company - Wikipedia 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] An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its owners
What Is an LLC? Limited Liability Company Structure and . . . 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 and creditors concerned with
What Is an LLC? Definition, Benefits, and How It Works What is a limited liability company? A limited liability company (LLC) is a business structure that protects owners' personal assets from business debts and lawsuits while offering flexible tax options
What Is a Limited Liability Company? | LLC Definition 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