answersLogoWhite

0

LLC stands for Limited Liability Company. It is a business structure that combines the benefits of both a corporation and a partnership or sole proprietorship. An LLC protects its owners (called members) from personal liability for the company's debts and obligations, meaning their personal assets are generally safe if the business faces legal issues or bankruptcy. Additionally, LLCs offer flexible taxation options and management structures.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What does LLC mean after someone's name?

Depending on the context, these initials could mean limited liability company (LLC).


What does llc after a company's name mean?

Limited Liability Corporation


What is the proper way to write a company name with LLC at the end?

what is the proper way to write a company's name with llc


How do you write LLC?

LLC stands for Limited Liability Company - LLC after a company name replaces the letters PLC (which stood for Public Limited Company).


What do you mean by llc company?

dear sir,


What does LLC mean?

Limited Liability Company.


What is one example of a known limited liability company?

Any company with Limited, Ltd. or LLC attached to their name would be a limited liability company. Company's such as Natureworks LLC and The Markets LLC are examples.


Does a comma go before LLC?

The comma goes after the business between the name and the LLC. Business Company, LLC


What company used to be called Cingular?

Cingular Wireless LLC is the former name of AT&T Mobility LLC. The company is a subsidiary of AT&T Inc. The company was known as Cingular Wireless LLC from 200 to 2007


What is the method used for forming an LLC?

The method used for forming an LLC, or a limited liability company, is by creating a proper name for the LLC, finding a location for the LLC, and create the LLC while abiding all rights and regulations of company ownership.


What does LC stand for in company name?

Usually it is LLC which is Limited Liability Corporation/Company.


What does LLC stand for after a doctors name?

Limited Liability Company.