
Get Va Scc759/921 2005
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In Virginia, an LLC, or Limited Liability Company, provides its owners with personal liability protection while allowing flexibility in management and ownership. On the other hand, an LLP, or Limited Liability Partnership, is better suited for professional groups, as it protects individual partners from liability for the actions of others. Both structures require registration with the Virginia State Corporation Commission using VA SCC759/921, ensuring compliance with state regulations. Understanding the differences can help you choose the right structure for your business needs.
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