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Limited Liability Company Form

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Instructions and help about Limited Liability Company

let's start at the beginning an LLC stands for a limited liability company an entity formed at the state level similar to a corporation but with less ongoing governance and corporate formalities than a C corporation for example with a C corporation after you form it you need to hold shareholder meetings issue stock adopt corporate bylaws appoint a corporate board of directors things like that and LLC has much less ongoing corporate governance requirements but it provides the limited liability protection of the sea Corporation

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