Limited liability companies have become a popular form for operating both small and large businesses. Unlike a limited partnership, a limited liability company allows owners to participate in the management of the business. Unlike a corporation, a limited liability company does not require formal rituals like director and shareholder meetings. Your lawyer can help you to use a limited liability company to start a new venture or to simplify the structure of an existing business.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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