A limited liability company (LLC) limits the potential for its members to be personally liable for the LLC's business debts. It features pass-through taxation.
English Noun private limited liability company ( plural private limited liability companies ) A limited liability company that is not a public corporation Translations
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. An LLC is not a corporation under ...
English Noun limited liability companies plural of limited liability company
LLC는 Limited Company 의 일종으로 분류되기는 하나 Corporation(우리가 흔히 생각하는 기업)이 아니며, 개인사업(Sole Proprietorship)/파트너십(Partnership)의 특성과 Corporation의 특성을 둘 다 지니는 별도의 회사...
Limited Liability Company Act (Act 23 of 1993) · More Info ; Limited Liability Company Forms · More Info ; Use of Laser Equipment by Health Professionals · More Info
In a limited company , the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid va...
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are ...
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Limited liability is a type of liability that does not exceed the amount invested in a partnership or limited liability company.