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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] An LLC is not a corporation under the laws of every state; it is a legal form of a ...
A limited liability company (LLC) is a business entity that helps to protect the business owner from the liabilities incurred by the company they own. As a sole proprietor, you and your business ...
In the United States, corporations have limited liability, and the expression corporation is preferred to limited company. A "limited liability company" (LLC) is a different entity. However, some states permit corporations to have the designation Ltd. [6] (instead of the usual Inc.) to signify their corporate status. A corporation must file ...
The proprietary limited company is a statutory business form in several countries, including Australia. Many countries have forms of business entity unique to that country, although there are equivalents elsewhere. Examples are the limited liability company (LLC) and the limited liability limited partnership (LLLP) in the
For Dummies – a similar series of how-to books from John Wiley & Sons, Inc. Découvertes Gallimard, a similar series in French of introductory books, noted for its fine illustration. Some titles are translated in other languages. FabJob – a similar series of how-to-books for starting a business or dream career
A limited liability company (LLC) is a popular business structure chosen by millions of small business owners. It offers tax advantages and protections that limit the legal liability of the LLC ...