Web Results
Explanation of LLC
An LLC, or limited liability company, is a business structure that lies between sole proprietorship and full-blown incorporation. Each person in an LLC is called a member, and LLCs can be run by one or many members.... More »
Difficulty: Easy
Source: www.ehow.com

en.wikipedia.org/wiki/Limited_liability_company

A limited liability company (LLC) is the United States-specific form of a private limited company. ..... VOF partners are jointly and severally liable for the obligations of the VOF, meaning that if the assets owned by this partnership are not sufficient, ...

www.legalzoom.com/knowledge/limited-liability-company/topic/limited-liability-company

Learn the definition of a Limited Liability Company or LLC. Find the information you need about starting an LLC and form an LLC online through LegalZoom.

www.thebalance.com/all-about-limited-liability-companies-llcs-398649

Nov 7, 2016 ... An explanation of the LLC business form, including LLC taxation, common myths, and how to form an LLC in one or more states.

www.investopedia.com/terms/l/llc.asp

A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or ...

www.incorporate.com/limited_liability_company.html

Unlike an s corp or c corp, an LLC's structure is flexible. ... report their share of profit and loss on their individual tax returns, meaning you avoid double taxation.

smallbusiness.chron.com/explanation-llc-3149.html

For new business owners, an explanation of an LLC as compared to other forms of business ownership is helpful in deciding which to choose. LLC stands for ...

www.entrepreneur.com/encyclopedia/limited-liability-company

Definition: A form of business organization with the liability-shield advantages of ... Many states allow a business form called the limited liability company (LLC).

www.dummies.com/business/accounting/what-is-a-limited-liability-company-llc

The LLC is an alternative type of business entity. An LLC is like a corporation regarding limited liability, and it's like a partnership regarding the flexibility of ...

www.limitedliabilitycompanycenter.com/what_is_an_llc.html

Here is an easy-to-understand definition of what an LLC is! ... The simple definition of a limited liability company (LLC) is that it is a form of business entity that ...