YoungUpstarts
AUGUST 25, 2015
One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”).
Up and Running
AUGUST 6, 2014
For-Profit Entities: L3Cs, or Low-Profit Limited Liability Company. L3Cs, or Low-Profit Limited Liability Companies, are one form of legal structure in the U.S. An L3C is a variation on an LLC, essentially a hybrid form of a nonprofit and for-profit company. that social enterprises can take.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Up and Running
SEPTEMBER 21, 2021
A limited liability company (LLC) is a popular business structure for small businesses thanks to its ease of operations, tax advantages, and liability protection for its owners. For example, Texas requests all LLC names contain “limited liability company” or “limited company” or any abbreviation of these phrases.
Women Entrepreneurs Can
JANUARY 31, 2021
A limited liability company limits the degree to which the business owner can be held liable for damages. So, if a customer sues your company after they receive a faulty product, your personal accounts and finances will be safe. States such as Nebraska, New York and Arizona have such rules in place.
Transformify
MARCH 24, 2020
’’ as they were aware of talent scarcity and ever-increasing rents in tech hubs like New York, London, Los Angeles, Berlin, etc. In some countries, individuals need to register as self-employed, in others they need to incorporate a limited liability company, etc.
crowdSPRING Blog
MARCH 14, 2019
Brokerage seeking entrepreneurs generally select one of four legal business structures: sole proprietorship, partnership, limited liability company (LLC), or a corporation. Partnership – A partnership is a shared responsibility between two or more people who both hold personal liability for a business. Get a license.
mashable.com
JANUARY 23, 2012
If no shares were issued, the Board of Directors must approve to dissolve the company. If you’ve been operating as an LLC, review the dissolution requirements in your state’s LLCA (Limited Liability Company Act). Otherwise, members of the LLC can be held liable for debts of the company after it’s been dissolved.
Expert insights. Personalized for you.
100 
Let's personalize your content