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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
What is an LLC? Limited Liability Company - Complete Guide One of the most important decisions you’ll make when starting a new business is choosing a structure, also known as a business entity Many small business owners opt for an LLC as it’s inexpensive to form and relatively simple to maintain But the LLC structure supports you in other ways too
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
What Is an LLC? FAQs and Guide - The Law Dictionary If you’re considering starting a business or restructuring an existing one, understanding what an LLC is and how it works is essential We at The Law Dictionary have broken down the complex legal jargon surrounding LLCs into clear, actionable information Our goal is to help you understand, set up, and manage your LLC with confidence
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
Limited Liability Companies in Maryland - NWRA LLC File on your own or hire us and we’ll form your limited liability company in Maryland today We’ll get your business stood up in minutes with a free domain, website, email, business phone, and more The legal name defined in the company formation paperwork