Answers to Common Questions

What is limited liability company?

A limited liability company, or LLC, is a type of corporate filing done with the secretary of state's office. It generally has more flexibility than a general corporation, and has several key differences like members vs. officers and flow t...

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What is a limited liability corporation?

A limited liability corporation protects your personal assets from law suits that may arise from doing business. It also allows tax advantages like that of a corporation. Look here for more information: http://www.nolo.com/legal-encyclopedi...

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How to Form a LImited Liability Company

LLC stands for a limited liability company. LLC's operate much the same way as a corporation, in that it is a legal entity that can conduct business under its own name. More and more business owners' are electing to form LLC's every year ...

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Related QA

What is the difference between a Corporation, a Limited Liability Company, and a Limited Partnership?

Q: I am working on starting a 501(c)3 and part of it is filing for a business name. Which type of corporation is a non-profit?

A: Even corporation and LLC falls under companies act, Corporations are incorporate under special act of Union Govt in India.. Limited partnership companies incorpated under LLP act


 

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