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Business and economics portal. v. 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 ...
LLC, which stands for limited liability company, is a great option for small business owners looking for a way to get legally established. Not only does this business structure make your […]
There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province.
Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up.
An LLC loan is any business loan that provides funds for small businesses organized as limited liability companies. An LLC loan isn’t a specific type of loan that you’ll find offered through ...
What makes LLC loans different from regular small business loans is that LLCs apply and use them. You don’t need to look for a loan that is labeled as an LLC loan, and unless the terms of a loan ...
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