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Limited Liability Company (LLC) | Internal Revenue Service
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.
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Limited Liability Company (LLC) Definition
A limited liability company, commonly referred to as an “LLC”, is a type of business structure commonly used in the United States. LLCs can be seen as a hybrid structure that combines features of...
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What is an LLC? | LLC Pros and Cons | Nolo
LLC stands for "limited liability company." An LLC is one type of legal entity that can be formed to own and operate a business. LLCs are very popular because they provide the same limited liability as a corporation, but are easier and cheaper to form and run. For an introduction, see " LLC Basics ".
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Limited liability company - Wikipedia
A limited liability company (LLC) is the US-specific form of a private limited company.It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions.
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Limited Liability Companies - Illinois Secretary of State
Springfield office: Limited Liability Division 501 S. Second St., Rm. 351 Springfield, IL 62756 217-524-8008 Hours Mon.–Fri. 8 a.m.–4:30 p.m. Chicago office:
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Limited Liability Company | Should I start an LLC for my ...
The abbreviation "LLC" stands for limited liability company. The name refers to one of the primary benefits of this business entity type—LLCs allow business owners to keep their personal assets separate from those of the company. This effectively limits their own liability when it comes to company debts and responsibilities. What is an LLC?
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Limited Liability Company Publications/Forms
This form does not create a limited liability company. Use form LLC 5.5 to establish an Illinois limited liability company. $25: $50: LLC 1.15: Cancellation of Reserved Name: $5: $50: LLC 1.15: Transfer of Reserved Name: $25: $50: LLC 1.20: Application to Adopt Assumed Name (see form) $50: LLC 1.20: Application to Change Assumed Name: $25: $50 ...
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LLC vs. S Corporation: What's the Difference?
An LLC is a limited liability company, which is a type of legal entity that can be used when forming a business. An LLC offers a more formal business structure than a sole proprietorship or...
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Register an LLC with Georgia Secretary of State | Georgia.gov
A limited liability company (LLC) is a business structure that offers limited personal liability on the part of the owner. An LLC also offers the possibility of certain tax benefits. A specialized attorney may be able to help you determine if an LLC is appropriate for your business. How Do I Register an LLC with Georgia Secretary of State?
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City of Chicago :: Business Licenses
The Small Business Center (SBC) issues business licenses and regulates the business activities of industries as diverse as retail, food and liquor establishments, entertainment venues and theaters, day care centers, manufacturing facilities and motor vehicle repair shops just to name a few.. Please go to our Business Licensing: What Do I Need? page to find:
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