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en.wikipedia.org/wiki/Limited_liability_company

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 of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation in itself; it is a legal form of a company that provides ...

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

A corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited liability companies (LLC) differ slightly from one country to the next. However, it is essentially a hybrid entity that combines the characteristics of a corporation and a partnership or sole ...

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

Definition: A form of business organization with the liability-shield advantages of a corporation and the flexibility and tax pass-through advantages of a partnership . Many states allow a business form called the limited liability company (LLC). The LLC arose from business owners' desire to adopt a business structure ...

www.rocketlawyer.com/article/what-does-llc-mean-ps.rl

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. According to the IRS, LLC owners face significantly lower caps on company actions and debts. In general this means that if the LLC has unpaid debts, creditors can only ...

www.incorporate.com/limited_liability_company.html

LLC owners report their share of profit and loss on their individual tax returns, meaning you avoid double taxation. No residency requirement. Those who an LLC need not be U.S. citizens or permanent residents. Legal protection. Creating an LLC means gives you limited liability for business debts and obligations.

www.businessdictionary.com/article/39/what-is-a-limited-liability-company-llc

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 ...

www.law.cornell.edu/wex/limited_liability_company_llc

Definition. A type of business organization that offers the limited liability of a corporation and the tax benefits of a partnership. The owners of an LLC are referred to as "members", whose rights and responsibilities in managing the LLC are governed by an operating agreement. An LLC is legally formed by the filing of a ...

www.merriam-webster.com/dictionary/LLC

What does the abbreviation LLC stand for? Meaning: limited liability company.