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May 4, 2020 · A Limited Liability Company (LLC) is a specific type of company whereby the liability to shareholders is limited to the total amount of share capital (i.e. the total amount of money put into the company in return for shares) in the company.
Jun 25, 2024 · An LLC is a formal business arrangement that requires articles of organization to be filed with the state. An LLC is easier to set up than a corporation and provides...
An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation.
Jun 5, 2024 · An LLC, or limited liability company, provides business operators the protections usually only afforded to corporations and the simplicity often only available to sole proprietorships.
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