9414317086 nearxpert@gmail.com

Close Limited Liability Company

CLOSE LIMITED LIABILITY COMPANY AND BENEFITS-

  • Limited liability companies are corporate structures in the United States where owners are not personally liable for the company's debts or liabilities.
  • Regulations surrounding LLCs vary from state to state.
  • Any entity can form an LLC including individuals and corporations; however, banks and insurance companies cannot.

BENEFITS-

The primary reason business owners opt to take the LLC route is to limit the principals' personal liability. Many view an LLC as a blend of a partnership, which is a simple business formation of two or more owners under an agreement, and a corporation, which has certain liability protections