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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. Your registered name must end with the words Limited Liability Company or an abbreviation of these words (L.L.C. or LLC). You must obtain a Certificate of Name Reservation [10A-1-5.11] prior to filing the Application for Registration. 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 and creditors concerned with... What Is an LLC? Limited Liability Company Structure and ... - Investopedia An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are known for the flexibility that they provide to business owners. [2] A related exploration of Cvs Openings offers a detailed breakdown on this subject.
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