Articles on Limited Liability Companies :: Limited Liability Company Center

Some content on the site was written by David K. Staub, a Chicago business attorney and frequent writer and speaker on limited liability companies. The site is for educational and informational purposes only and does not constitute legal advice. The information which is presented here is intended to make limited liability companies easier to understand, but …

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191 SERVICE CENTER LIMITED LIABILITY COMPANY

191 SERVICE CENTER LIMITED LIABILITY COMPANY is a Kentucky Klc - Limited-Liability Company filed on April 27, 2021. The company's filing status is listed as A - Active and its File Number is 1147406. The Registered Agent on file for this company is Tammy Lawson and is located at 8618 Ky 191, Campton, KY 41301. The company's …

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Frequently Asked Questions :: California Secretary of …

Limited Liability Company: File Articles of Organization (Form LLC–1) ... An agent for service of process is an individual who resides in California, or a registered 1505 corporate agent, designated to accept service of process (court papers) if the business entity is sued. If a corporation is designated as agent for service of process, that ...

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What Is an LLC? Limited Liability Company Structure …

A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities. Limited liabilitycompanies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship. While the limited lia…See more on investopedia

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Definition and steps on how to form an LLC | Wolters KluwerwolterskluwerWhat is a limited liability company (LLC)?upcounselWhen was the first limited liability company created?The first modern limited liability company was actually created in Germany in 1892. The concept spread throughout Europe and South America, but it was not until 1977 that the first LLC Act was passed in the United States.

The LLC (Limited Liability Company) Handbook | Wolters Kluwer

wolterskluwerWhat is a professional limited liability company (PLLC)?A professional limited liability company runs like other LLCs but focuses on certain professions. PLLCs form when states with regulatory board licenses on specific professional services or trades prevent these professionals from forming normal LLCs. In these cases, accountants, legal advisers, or medical workers often work under PLLCs instead.

What is an LLC? Limited liability company definition | LegalZoom

legalzoomWhat is the difference between an LLC and an S corporation?The primary difference is tax treatment. Unless you elect taxation as an S corporation, you become a " disregarded entity ." Your LLC's net income becomes self-employment income on your tax return. You will pay income taxes on it, including the self-employment tax. Who Manages an LLC? The members manage the LLC, and they are called member-managers.

What Is an LLC: FAQ and Answers

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    What is an LLC? | Advantages and Disadvantages of …

    WEBLimited Personal Liability. This is the key advantage for LLC owners (also known as members). An LLC is legally separate from its owners and responsible for its debts and obligations. This means that, although you can lose any investment you've made in your company, your personal assets are protected if the business gets into legal trouble.

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  • Choose a Business Structure | Business.NJ.gov

    Limited Liability Company (LLC) A ‍Limited Liability Company (LLC) is a hybrid between a corporation and a partnership. Business owners in an LLC are not responsible for the debt of the company. Unlike a corporation, the business does not file separate taxes. Each partner (called a member) includes their profits on their personal tax return.

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    Taking Additional Sweeping Measures Against Russia

    LIMITED LIABILITY COMPANY ARCTIC LNG 2 (LLC ARCTIC LNG 2) is the operator of the Arctic LNG 2 Project, a flagship LNG project of the major Russian natural gas company Novatek, located in Russia's Arctic region. On September 12, 2014, Novatek was added to OFAC's Sectoral Sanctions Identifications List pursuant to Directive 2 of …

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    What Is a Limited Liability Company? Benefits of an LLC

    A limited liability company (LLC) is a business structure that protects the owners from any losses, debts or legal liabilities that the business may incur. ... Help center. Support team. Community ...

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    PLLC: The Complete Guide to a Professional Limited Liability Company

    A professional limited liability company (PLLC) is a business structure that offers personal asset protection for business owners in licensed occupations, such as medicine and law. Only recognized ...

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    How to start an LLC in 7 steps: A complete guide for 2024

    Must indicate that the business is a limited liability company by including the words "limited liability company," "L.L.C.," or "LLC" at the end of the business name. Other words or abbreviations may also be acceptable, depending on your state. As the first impression of your LLC, selecting the right name is paramount.

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    Massachusetts Limited Liability Company :: LLC Center

    A limited liability company is formed in Massachusetts by submitting the LLC Certificate of Organization and paying the $500 filing fee to the Secretary of the Commonwealth. Submit the certificate in person, by mail, fax or online. When fax filing, include the bar coded Fax Voucher Cover Sheet.

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    Kansas Limited Liability Company :: LLC Center

    Organizing a Kansas LLC. A limited liability company is formed by submitting the Kansas Limited Liability Company Articles of Organization and paying the $160 (online) filing fee to Kansas Secretary of State's Office. Submit the articles in person, by mail, fax or online. Fax filings are considered expedited and require an additional $20 payment.

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    How to get an LLC and start a limited liability company

    Using the state of Nevada as an example, LLC formation filings cost $75. There is a 24-hour expedite fee of $125. Also included in the setup costs are the cost of the annual list ($150) and business license ($200). To have a business in Las Vegas proper or greater Las Vegas, additional fees apply.

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    South Carolina Limited Liability Company :: LLC Center

    Organizing a South Carolina LLC. Form a South Carolina LLC by filing in duplicate Articles of Organization and include the $110 state filing fee to the South Carolina Secretary of State. File the articles by mail or in person. South Carolina will process filed documents in approximately one week. Signatures must be original.

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    Limited Liability Company (LLC) | Internal Revenue …

    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. Most states do not restrict ownership, so members may include individuals, corporations ...

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    What is an LLC

    An LLC (limited liability company) is a business structure offering personal liability protection and pass-through taxation. There are many other benefits of forming an LLC such as its simplicity, flexibility, and credibility. Continue reading to learn more about how LLCs work, whether you should form an LLC, and how to start an LLC.

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    New York Limited Liability Company :: LLC Center

    The filing fee is $200. Professional Limited Liability Companies have a separate form. New York takes three to four weeks to process the articles. For the additional expedite fees of $25, $75, or $125, New York will process the filing in two days, on the same day, or in two hours. Fax filing with the two-day expedite option is the most common ...

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    Limited-Liability Company | Nevada Secretary of State

    Online filing of Articles of Organization is currently only allowed for a Chapter 86 Limited-Liability Company. However, if not claiming an exemption from the State Business License, initial lists/annual lists/amended lists may be filed online for all Limited-Liability Company Types. First, identify the organizational structure you wish to form ...

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    What Is An LLC? Definition, Pros & Cons – Forbes Advisor

    A limited liability company, or LLC, is a U.S. legal entity used to own, operate and protect a business. LLCs provide the same legal and financial protections corporations do but can be simpler to ...

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    Nebraska Limited Liability Company :: LLC Center

    A limited liability company is formed in Nebraska by submitting the Certificate of Organization and paying the filing fee to the Nebraska Secretary of State, Corporations Division. Submit the certificate by mail, in person or online. The filing fee is $110. Nebraska takes approximately one week to process mailed filings, and they do not offer ...

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    Limited Liability Company (LLC)

    The business name of a low-profit limited liability company must end with the abbreviation "L3C". Block-Chain Based LLCs "Limited Liability Company" ("LLC" or "Ltd Liability Co"), or "Limited Company" ("LC" or "Ltd Co") Duration of LLC. Once initially filed with the Secretary of State, an LLC must file an Annual Report each year to maintain its ...

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    What is a Single Member LLC?

    A single member LLC (SMLLC) is simply a limited liability company that has only one member. Under current IRS rules, unless the single member LLC elects to be treated as a corporation, it is disregarded for Federal income tax purposes. That means if the only member is an individual, all of the income and expenses of a business operated as a ...

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    Set up a Company in Germany: A Complete Guide

    2. Choose a name for your company. Before you settle on a name, you will have to look through the Handelsregister. If your name has already been taken, you will have to find a different one. 3. The Unternehmensgegenstand. In Germany, all limited liability companies must have a specific object or purpose.

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    Limited Liability Company Center :: Forms & Agreements

    Delaware Certificate of Formation – $90. District of Columbia Articles of Organization – $150 – There are no pre-printed forms for a LLC in D.C. This is only a sample. You must draft your own document. Florida Articles of Organization – $100.

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    The LLC (Limited Liability Company) Handbook

    The limited liability company is a "hybrid" entity, created to provide the liability benefits of a corporation, with the tax benefits of a partnership. The first modern limited liability company was actually created in Germany in 1892. The concept spread throughout Europe and South America, but it was not until 1977 that the first LLC Act ...

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    How To Start An LLC In 7 Steps (2024 Guide) – Forbes Advisor

    A limited liability company, or LLC, is a type of legal entity that U.S. business owners can select for the operation of their enterprise. Creating an LLC protects an individual's or group's ...

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    Definition and steps on how to form an LLC | Wolters Kluwer

    A limited liability company (LLC) is a popular choice among small business owners for the liability protection, management flexibility, and tax advantages this form of business entity can provide. Set your business up for success by understanding the benefits and disadvantages of an LLC, how to start an LLC, where to form your LLC, and …

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    Limited liability company

    A limited liability company ( LLC) is the United States -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. [1] An LLC is not a corporation under the laws of every state; it is a legal form of a ...

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    Pennsylvania Limited Liability Company

    Limited liability companies rendering certain professional services must form as a restricted professional company. If a limited liability company is a restricted professional company, its certificate of organization or foreign registration statement must contain a statement to that effect, including a brief description of the restricted …

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    Illinois Limited Liability Company :: LLC Center

    An Illinois limited liability company is formed by submitting in duplicate the Certificate of Organization for Limited Liability Company, LLC-5.5 and paying the filing fee to Illinois Secretary of State, Department of Business Services. Submit the form in by mail, fax, in person or online. The filing fee is $150.

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    What is an LLC

    LLC stands for limited liability company. Forming an LLC is the simplest way of structuring your business to protect your personal assets in the event your business is sued. An LLC is the most popular business structure chosen by small business owners that offers: Personal liability protection of a corporation.

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    LLC Structure: Everything You Need to Know

    A limited liability company (LLC) structure is the simplest form of legal business structure for business operations. An LLC gives an owner peace of mind by offering protection from any kind of personal liability for business-related debts, just like a corporation. Setting up an LLC business structure can be handled by a good legal …

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    Service of Process | Georgia Secretary of State

    O.C.G.A. § 14-9-906 - Foreign limited partnerships that have formally withdrawn from transacting business in Georgia. O.C.G.A. § 14-11-209(f)* - Domestic limited liability companies registered with the Secretary of State. O.C.G.A. § 14-11-703(h)* - Foreign limited liability companies authorized to transact business in Georgia.

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    8 Types of LLCs Explained & Compared – Forbes Advisor

    A limited liability company (LLC) is a legal type of business structure that offers the pass-through taxation benefits of a partnership or sole proprietorship with the limited liability benefits ...

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    Limited Liability Company | LLC Overview, Meaning

    A limited liability company, or LLC, is a type of business structure where owners of a business are not held personally liable for any debts or other liabilities the business may incur. An LLC ...

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