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Definition of LLC
When businesses form, there are a limited number of legal formations that they can operate under. There are advantages and disadvantages to each formation. A Limited Liability Company (LLC) is one of the many business formations available to business... More »
Difficulty: Easy
Source: www.ehow.com


A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that combines the pass-through taxation ...


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.


Limited liability companies (LLC) differ slightly from one country to the next. ... A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's .... Hot Definitions ...


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


LLC is short for Limited Liability Company. It's a type of legal business entity that was developed to provide business owners with a lower level of liability.


Starting an LLC also gives you the perk of pass-through taxes, limited liability ... profit and loss on their individual tax returns, meaning you avoid double taxation.


Definition of limited liability company (LLC): Relatively recent type of US business structure that combines the limited personal liability feature of a corporation ...


A Limited Liability Company, also known as an LLC, is a type of business structure that combines traits of both a sole-proprietorship and a corporation. An LLC ...


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 ...