Limited Liability Form With Example
Description
How to fill out California Limited Liability Company LLC Formation Package?
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FAQ
Overview. A limited liability company (LLC) blends partnership and corporate structures. You can form an LLC to run a business or to hold assets. The owners of an LLC are members. LLCs protects its members against personal liabilities.
How to form an LLC Step 1: Choose a state in which to form your LLC. ... Step 2: Choose a name for your LLC. ... Step 3: Choose a registered agent. ... Step 4: Prepare an LLC operating agreement. ... Step 5: File your LLC with your state. Step 6: Obtain an EIN. ... Step 7: Open a business bank account.
Examples of limited liability companies LLCs can be individuals or global corporations such as Pepsi-Cola, Sony, and Nike. LLCs owned by individuals are known as single-member LLCs. They are taxed in the same way as sole proprietorships.
LLC names must include ?LLC? in the name ABC Limited Liability Company. ABC Limited Liability Co. ABC Limited. ABC L.L.C. ABC LLC. ABC Ltd.
You can include ?LLC? in your legal business name in any way that makes the company's structure clear, including ?Limited,? ?Ltd.,? ?LLC,? ?L.L.C.,? ?Limited Liability Company,? ?Limited Liability Co.? and more.