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What does LLC mean?

Updated: 10/25/2022
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12y ago

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Limited Liability Company.

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12y ago
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Q: What does LLC mean?
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Related questions

What does LLC mean after someone's name?

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


What does Series LLC mean in taxation?

In taxation, Series LLC includes a master or umbrella LLC and other LLCs which are separated from each other for liability purposes. Each LLC has assets separate from the other, while the master LLC controls all the other LLC in the series.


What do you mean by llc company?

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The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.


Can a LLC invest in its parent LLC?

Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.


What does it mean when a business operates under an LLC?

LLC stands for a Limited Liability Company which means that within the business, its members have only a limited liability for the debts and liabilities. LLC are popular and are obtained by filing tax documents within the state's tax office. LLC can provide tax advantages and more flexibility in management and ownership.


What is the correct punctuation for LLC?

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