What is a limited liability corporation?

Answer A limited liability company (LLC) combines the structural features of legal partnerships and corporations. Establishing a limited liability company can protect business owners financially and preve... Read More »

Top Q&A For: What is a limited liability corporation

What is the difference between a limited liability corporation&a limited liability partnership?

A limited liability partnership (LLP) and a limited liability company (LLC) contain elements of a general partnership combined with liability protection for the business owners. In states like Cali... Read More »

Can a Limited Liability Corporation function without insurance and have some sort of contract signed by its client in its place to protect the Corporation?

Yes you should be. Not all general liability forms automatically add additional insureds so you need to check with your subcontractors policy. There is a web site that I have found where artisan co... Read More »

What is the abbreviation for limited liability corporation?

LLC is the abbreviation for a limited liability corporation or company. An LLC is a type of business structure that is similar to a corporation, in that it reduces the amount of financial or legal ... Read More »

Why Choose a Limited Liability Corporation?

Choosing a business structure is one of the most significant decisions confronting new business owners. Depending on the type and size of the business, there are managerial, tax and competitive adv... Read More »