Kya
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Limited Liability Company
The LLC is a type of hybrid business structure that is designed to provide the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. A popular choice for sole proprietors who are looking to incorporate simply to protect personal assets or secure additional loans, the LLC is thought to be one of the easiest and least expensive forms of ownership to organize. The Limited Liability Company (LLC) is now a recognized business structure in all 50 states plus the District of Columbia. LLCs are gaining popularity with small business owners because they combine the advantages of a corporation with the tax advantages and management flexibility of a partnership
What are the main advantages of forming an LLC?
Owners of an LLC have limited liability for business debts.
For tax purposes, the allocation of profit and loss of an LLC need not be proportional to ownership interests.
With an LLC, there is no double taxation threat since the LLC is not a separate taxable entity.
You do not need to be a US citizen to own or invest in an LLC |
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Willie S
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Limited Liability Company. This designation has been used in Europe and around the world for a while; it is basically a hybrid corporation/partnership.
In an LLC you have "members" instead of "stockholders" and each Member owns a percentage of the company as opposed to a specific number of stocks.
They are more commonly used BY corporation to insulate themselves from liability in specific projects. The procedures for creating and administering an LLC are a lot less parliamentary than those of a bona-fide corporation. |
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Jet
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Limited Liability Corporation |
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cool_01
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INCORPORATION OF LIMITED LIABILITY COMPANIES [llc]
The laws relating to incorporation of Limited Liability Company (LLC) in Indiana is governed by the Title 23 of the Indiana Code. An LLC is a formal association, which combines the advantage of a corporation's limited liability and the flexibility and single taxation of a general partnership. An LLC has members rather than shareholders. A member enjoys protections from the liabilities and debts of the LLC. Although not required by law, an LLC should operate under an Operating Agreement, which is like a Partnership Agreement.
for further info log inhttp://www.helplinelaw.com/law/usa-indiana/LLC/LLC.php |
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WarWolf
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LLC- Limited Liability Corporation
A limited liability company (denoted by L.L.C. or LLC in the US) is a legal form of business company offering limited liability to its owners. In that respect, it is similar to a corporation, and is often a more flexible form of ownership, especially suitable for smaller companies with a limited number of owners. Unlike a regular corporation, however, a limited liability company is typically treated as a partnership for tax purposes, thereby avoiding double taxation. It is often incorrectly called a "limited liability.
Also check this link out for future abbreviations:
http://silmaril.ie/cgi-bin/uncgi/acronyms
Hope this helps!!! |
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NOIZE
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Limited Liability Corporation |
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eli a
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limited liability. to ensure that you will not claim the company without limit - as you cad caim people.
it was right in the beginning of the first companies - but to day it enable the manager to go on bancrupcy and continue business - as if nothing had happened...(as no one took their personal assets...) |
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isong
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LLC stands for: Limited Liability Company.
It is a type of company, authorized only in certain states, whose owners and managers receive the limited liability and (usually) tax benefits of an S Corporation without having to conform to the S corporation restrictions. |
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jgrata
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Limited Liability Corporation |
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the_news_junky
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Limited Liability Corp. |
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candy g
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limited Liability Company I believe |
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Branden W
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limited liability corperation |
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kathy p
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Limited Liability Corporation. |
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wizjp
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Limited Liability Corp |
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welltraveledprog
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Limited Liability Corporation.
Just anothe way to incorporate a business.
Look it up on internet search... |
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paeradio
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Limited Liability Corporation
This seems to be taxed like a Sole Prop, so it's not as good as it used to be in regards to legal protection.
Take a look at a site called:
www.mycorporation.com and do a comparison to the filing fees in each state.
Consider filing in a state like Deleware where in initial fee is much cheaper that if filing in other states.
Yes. You will need a foreign agent, but the service will take care of that for ya.
Best wishes. |
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j3nny3lf
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Limited Liability Corporation |
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jersey girl
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Limited liability company
http://www.hotnetprofits.com/definition_llc.shtml |
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LuckyS7evin
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Look! (a) Little crackbaby |
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SoCaliGal
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Limited Liability Comany - I only know this cause my husband just did it. |
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