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The LLC is a company that has the characteristics of a corporation and a partnership, however, it is treated as a noncorporate business for tax purposes. One can find more information on government sites in the Division of Corporations sections of their official web page.

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12y ago

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How would one form an LLC in Virginia?

Someone that is looking to form an LLC in Virginia can do so by following the instructions on the website Nolo. On this website one will find details on choosing a name for the LLC, annual registration fees and much more.


Where can one find information regarding a single member llc?

A single-member LLC is a liability company with only one member. One can find information on a single-member LLC including tax information and forms at the IRS official website.


Where can someone find information about how to form an LLC?

A person can find out how to form an LLC in many ways. There are guides and resources for learning about LLC's and how to start one. Some informative places are Nolo, WSJ, Legal Zoom and Corpnet.


How can you incorporate yourself as an LLC?

To incorporate one's business as an LLC, one would have to file for a licence to do so. The licence is around $50 to apply for and is good for one year. LLC stands for limited liability company.


Where can one find information on California LLC formation?

There are many places one can find information on forming LLCs in California online. One of the most popular and trusted sites for LLC formation anywhere is Legal Zoom.


How does personal bankruptcy affect your LLC?

A LLC is considered one of your assets. The LLC protects you from liabilities it assumes, but it doesn't protect the LLC from your liabilities. Therefore, if you declare bankruptcy, you could possibly lose your share of an LLC. At best, it would be difficult for you to get credit for the LLC, since the individual generally has to secure credit for the LLC.


Where can one find information on forming an LLC?

One can find information on how to form an LLC from numerous websites. Some of these sites include HowToFormAnLLC, eHow, IRS, and NOLO. One could also contact a financial advisor and ask them for advice.


Where can one find the definition of the word fundamental?

There are many resources to find the definition of the word fundamental. The best place to start would be the dictionary. The dictionary would give you a full description of fundamental.


Can an LLC be a partner in another LLC?

Yes, an LLC can be a partner in another LLC. This is known as a multi-member LLC structure, where one LLC is a member or partner in another LLC.


What is one example of a known limited liability company?

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Where can one find the definition of 'bundling'?

One can find the definition of bundling on any online dictionary database or in a actual dictionary book. There are many places to find the definition if this term.


Can an LLC have only one member?

Yes, an LLC can have only one member.