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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 ]
Most secretaries of state provide fill-in-the-blank PDF templates to file with the state. Some people use the services of an attorney to draft articles of organization. Articles must be drafted to meet the state requirements to form a LLC. The state fee to file articles of organization to form a traditional LLC range from $40 - $500. [3]
The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
If the company is taxed as a pass-through entity, it may be required to file a partnership return in the state (or states) that it has filed a foreign corporation. If the company is taxed as a C-Corporation , then it may have to pay income taxes to the state (or states) it has filed a foreign corporation, in proportion to the income generated ...
asunto-osakeyhtiö (Swedish: bostadsaktiebolag), a limited liability company for the ownership, construction and maintenance of an apartment building [36] julkinen keskinäinen vakuutusyhtiö, abbreviated jy ( Swedish : publikt ömsesidigt försäkringsbolag ), [ 37 ] public mutual insurance company
‘Bad Monkey’ Gets $20 Million Tax Credit to Move From Florida to California. Gene Maddaus. ... “Kate’s Story,” Kate’s Story LLC, $875,000 LCS Season 1, LCS Productions, $3 million
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