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Limited Liability Company (LLC) | Internal Revenue Service
Mar 16, 2021 · Limited Liability Company (LLC) A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members. Most states do not restrict ownership, so members may ...
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What is an LLC? | LLC Pros and Cons | Nolo
LLC stands for "limited liability company." An LLC is one type of legal entity that can be formed to own and operate a business. LLCs are very popular because they provide the same limited liability as a corporation, but are easier and cheaper to form and run. For an introduction, see " LLC Basics ".
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Limited Liability Company (LLC) Definition
Aug 22, 2021 · Limited Entrepreneur: A limited entrepreneur is a person who is involved in a limited liability company but does not actively manage it. One benefit of being a …
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Register an LLC with Georgia Secretary of State | Georgia.gov
A limited liability company (LLC) is a business structure that offers limited personal liability on the part of the owner. An LLC also offers the possibility of certain tax benefits. A specialized attorney may be able to help you determine if an LLC is appropriate for your business.
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Limited liability company - Wikipedia
A limited liability company (LLC) is the US-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. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions.
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Limited Liability Company | Should I start an LLC for my
The limited liability company structure, much like a corporation, provides LLC owners with limited liability asset protection. This means that the company assets are typically owned by the LLC and are separate from the personal assets from that of the LLC owner(s). Should there be a lawsuit aimed at the company, whether with or without merit ...
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Limited Liability Companies - Illinois Secretary of State
Springfield office: Limited Liability Division 501 S. Second St., Rm. 351 Springfield, IL 62756 217-524-8008 Mon.–Fri. 8 a.m.–4:30 p.m. Chicago office:
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LLCs | Alabama Secretary of State
Foreign LLC Filing. Filing Fees Secretary of State: $150.00. Foreign LLC Procedures. Your registered name must end with the words Limited Liability Company or an abbreviation of these words (L.L.C. or LLC). You must obtain a Certificate of Name Reservation [10A …
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Pennsylvania Limited Liability Company
Apr 01, 2017 · A limited liability company (LLC) is a hybrid between a partnership and a corporation. It may be thought of as a limited partnership without a general partner. Owners of a limited liability company are called members and may include individuals, corporations or other LLCs. The limited liability company provides the liability protection of a ...
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LLC Indiana - How to Start an LLC in Indiana | TRUiC
Sep 23, 2021 · Starting an LLC in Indiana is easy, just follow these simple steps: To form an Indiana LLC you will need to file the Articles of Organization with the Indiana Secretary of State Business Services Division, which costs $95-$100.You can apply online or by mail. The Articles of Organization is the legal document that officially creates your Indiana Limited Liability Company.
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