What is one benefit of a limited liability company over a corporation?

History

2 answers:

Aleksandr-060686 [28]2 years ago

8 0

Answer:

A limited liability company is subject to fewer regulations.

Explanation:

sergiy2304 [10]2 years ago

7 0

A Limited liability company (LLC) is a business structure that offers limited liability protection and pass-through taxation. As with corporations, the LLC legally exists as a separate entity from its owners. Therefore, owners cannot typically be held personally responsible for the business debts and liabilities.

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