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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 ]
LegalZoom walks through the process of starting an LLC. In 2023 alone, American entrepreneurs started a record-breaking 5.5 million small businesses—the lion's share of which were LLCs.
Prior to the late 19th century, most companies were incorporated by a special bill adopted by legislature. By the end of the 18th century, there were about 300 incorporated companies in the United States, most of them providing public services, and only eight manufacturing companies. [1]
To be listed, a brand or company name must remain, either whole or in part, since inception. To limit the scope of this list, only companies established before 1820 are listed. If the original name has since changed due to acquisitions or renaming, this must be verifiable.
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2006: America Online drops its old name to officially become AOL and no longer charges for email services. The company moves its headquarters from Dulles, Va. to Manhattan.
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