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  1. www.investopedia.com › terms › lWhat Is an LLC? Limited Liability Company Structure and ...

    Jul 29, 2024 · What Is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure in the U.S. that protects the assets of its owners from lawsuits...

  2. en.wikipedia.org › wiki › Limited_liability_companyLimited liability company - Wikipedia

    An LLC is a hybrid legal entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are). An LLC is a type of unincorporated association, distinct from a corporation.

  3. razorpay.com › blog › business-bankingLLC (Limited Liability Company)-Structure, Benefits and ...

    Aug 20, 2024 · LLCs or Limited Liability Companies are businesses where the owners are protected against business debts or financial losses as the business is treated as a separate entity from the owners. Rather, t he liability is assumed by the company as a whole rather than its partners, owners or investors. Types of LLCs in India. Limited Liability Partnership

  4. www.irs.gov › limited-liability-company-llcLimited liability company (LLC) - Internal Revenue Service

    Oct 8, 2024 · A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members.

  5. www.geeksforgeeks.org › llc-full-form-purposeLLC | Full Form, Purpose, Characteristics, Benefits and ...

    Jun 12, 2024 · Full Form of LLC LLC stands for Limited Liability Company . LLCs are treated as pass-through entities for tax purposes, meaning the profits and losses pass through to the individual members who report them on their tax returns .