Ads
related to: llc company definition- What is an LLC?
Everything you need to know about
LLCs, from formation to costs.
- 3 steps to an LLC
Learn 3 simple steps to form
an LLC.
- LLC v sole proprietorship
An LLC or a sole proprietorship?
We can help you decide.
- Start an LLC today
Here's what you need to know
about getting your LLC started.
- What is an LLC?
amazon.com has been visited by 1M+ users in the past month
Search results
Results from the WOW.Com Content Network
t. e. 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 ...
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. (instead of the usual Inc.) to signify their corporate status. A corporation must file annual ...
Law portal. v. t. e. A limited liability partnership ( LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit aspects of both partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence.
v. t. e. Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town [citation needed] .
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of ...
A limited liability company (LLC) is a relatively new business structure authorized by state statutes. The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the limitada, a type of business organization available in many Latin American countries.
Ads
related to: llc company definition- What is an LLC?
Everything you need to know about
LLCs, from formation to costs.
- 3 steps to an LLC
Learn 3 simple steps to form
an LLC.
- LLC v sole proprietorship
An LLC or a sole proprietorship?
We can help you decide.
- Start an LLC today
Here's what you need to know
about getting your LLC started.
- What is an LLC?
amazon.com has been visited by 1M+ users in the past month