Definition For Limited Liability Partnership  

Partnership is a legal contract in the business. There can be equal partners and also limited liability partners. In the case of the limited liability partners each of the partners are protected against some personal liability in the obligations of their partnership contract. The limited liability partnership is quite different from the general partnership. For example, if one of the partners incurs debts, then the other person is not liable for paying up the debt in partnership. Business debts can also be taken individually.More...

How And Where To Form A Limited Liability Company ?

How And Where To Form A Limited Liability Company

A limited liability company is a legal entity in business that offers the owners flexibility in operation and also provides several benefits like limited liability, risk sharing and tax advantages.  In order to form a limited liability company or LLC, one has to choose a name that is suitable for the company as per company laws of the state.More...

 

Definition Of A Limited Liability Company

Definition Of A Limited Liability Company

A limited liability company or LLC is a type of company that takes in some aspects of the corporate business and also a sole proprietorship or partnership companies. In this type of business deal the personal liability of the company and its members is limited in case of the business debts. Typically a multi-national company that is opening a new office in a different country would go for a LLC because their liabilities are limited.More...

 

Limited Liability Company Examples

Limited Liability Company Examples

There are hundreds of companies that are limited liability Company today in the United States. The limited liability company is just a kind of entity that a company can give itself. The LLC happens to be one of the most m popular types of entity the business can get. There are several big advantages of using an LLC is a company that combines the features of a sole proprietorship company and a partnership company.More...

 

Roles Of Limited Liability Corporation

Roles Of Limited Liability Corporation

The limited liability company is a rather new concept in the business world. It combines the benefits of a sole ownership company and partnership company. Having the benefits of both it also offers the convenience of both the types of firms. In a limited liability company type, the members of the company do not have much liability and are also protected from company debts.More...

 

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Limited liability company retirement plan - How and where  to form a limited liability company ?
 

Business Laws :

      The board of directors must have a retirement plan put in place in a limited liability company. There are quite a few options for financial planning and retirement options available for them today. The rules vary to some extent when it comes to a limited liability company. More..

 


 

 

 
   
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