Initial Question

Discussion in 'General Discussion' started by Joz, Jul 25, 2006.

  1. Joz
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    Joz Senior Member

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    Does anyone know what the letters 'LLC' stand for behind a name?
    I can't find it.
     
  2. 5stringJeff
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    5stringJeff Senior Member

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  3. dmp
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    dmp Senior Member

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    Limited Liability Company - LLC

    A corporate structure whereby the shareholders of the company have a limited liability to the company's actions.
     
  4. Joz
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    Joz Senior Member

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    This is why I ask.

    Mxxxx A. Cxxxxx, The Wedding Specialist LLC
     
  5. misterblu
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    misterblu Active Member

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  6. Joz
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    Joz Senior Member

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    Thanks!
    I thought this made her special.
     
  7. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    its not really a corporate structure though. Its an attempt to blend the corporate and partnership structure to get the best of them both. Basically limited liability without the double taxation.
     

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