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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 A Limited Liability Company (LLC)? Definition, Pros Cons Ready to Set up Your LLC? An LLC (limited liability company) is a common business structure for small businesses, entrepreneurs and freelancers But there are a lot of misconceptions about how
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
LLC (Limited Liability Company) | Everything You Need to Know Here you’ll find out everything you need to know about this type of entity, including the advantages of an LLC versus other business entities, what to put in an operating agreement, and how LLCs are taxed Nolo can help you create your LLC
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
How To Form An LLC | Aurora CO Many people think that all they have to do is file LLC articles of organization with the Colorado Secretary of State to enjoy the protection of limited liability The reality is that a lot of formalities should be observed