{"id":525,"date":"2022-10-04T09:50:26","date_gmt":"2022-10-04T09:50:26","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&#038;p=525"},"modified":"2022-10-04T09:50:26","modified_gmt":"2022-10-04T09:50:26","slug":"limited-liability-company-llc","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/limited-liability-company-llc\/","title":{"rendered":"Limited liability Company (LLC)"},"content":{"rendered":"<p><span data-sheets-value='{\"1\":2,\"2\":\"A limited liability company, or LLC, is a business entity that provides limited liability protection to its owners. LLCs are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, LLC owners are not personally responsible for debts and liabilities incurred by the business. This type of business structure is created by filing articles of organization with the secretary of state in the state where the LLC will do business.\"}' data-sheets-userformat='{\"2\":769,\"3\":{\"1\":0},\"11\":4,\"12\":0}'>A limited liability company, or <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/llc\/\" target=\"_self\" title=\"A limited liability company, or LLC, is a business entity that provides limited liability protection to its owners. LLCs are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, LLC owners are not personally responsible&hellip;\" class=\"encyclopedia\">LLC<\/a>, is a business entity that provides limited liability protection to its owners. <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/llc\/\" target=\"_self\" title=\"A limited liability company, or LLC, is a business entity that provides limited liability protection to its owners. LLCs are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, LLC owners are not personally responsible&hellip;\" class=\"encyclopedia\">LLC<\/a>s are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/llc\/\" target=\"_self\" title=\"A limited liability company, or LLC, is a business entity that provides limited liability protection to its owners. LLCs are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, LLC owners are not personally responsible&hellip;\" class=\"encyclopedia\">LLC<\/a> owners are not personally responsible for debts and liabilities incurred by the business. This type of business structure is created by filing articles of organization with the <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/secretary\/\" target=\"_self\" title=\"The title of secretary is generally given to an individual within an organization who is responsible for taking meeting minutes, maintaining important documents, handling correspondence, and performing other administrative tasks. In some cases, the secretary may also be responsible for managing the organization's budget or acting as a liaison between the organization and its members.\" class=\"encyclopedia\">secretary<\/a> of state in the state where the <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/llc\/\" target=\"_self\" title=\"A limited liability company, or LLC, is a business entity that provides limited liability protection to its owners. LLCs are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, LLC owners are not personally responsible&hellip;\" class=\"encyclopedia\">LLC<\/a> will do business.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A limited liability company, or LLC, is a business entity that provides limited liability protection to its owners. LLCs are popular among small businesses because they offer the flexibility of a sole proprietorship or partnership with the added benefit of limited personal liability for the owners. In other words, LLC owners are not personally responsible &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/limited-liability-company-llc\/\"> <span class=\"screen-reader-text\">Limited liability Company (LLC)<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":3,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"encyclopedia-tag":[],"class_list":["post-525","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia\/525"}],"collection":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/media?parent=525"}],"wp:term":[{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia-tag?post=525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}