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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 ]
The Department of Business and Professional Regulation (DBPR) is the agency charged with licensing and regulating more than 1.6 million businesses and professionals in the State of Florida, such as alcohol, beverage & tobacco, barbers/cosmetologists, condominiums, spas, hotels and restaurants, real estate agents and appraisers, and veterinarians, among many other industries.
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
While starting your own business can be expensive and a hit to your personal finances (if not successful), the number of businesses in the U.S. has grown in recent years. In 2023, 5.5 million...
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— register of the majority of juridical persons types, a well as other collective (private) legal entities (there are, however, numerous exceptions, see List of official business registers#Registers of businesses excluded from registration as entrepreneurs); assigns a registration number (numer KRS), mandatory to be exposed on all outbound ...
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