What is Limited Liability Company?

April 08, 2025 02:19 AM EEST | By Team Kalkine Media

Thinking of starting your own business?  Learn what a Limited Liability Company (LLC) is and why it’s a top choice for entrepreneurs. This video covers everything—from legal protection and tax advantages to the steps needed to form one. Discover how LLCs combine the best features of corporations and partnerships, offering flexibility, limited liability, and pass-through taxation. But it’s not all easy—find out the challenges too, like compliance across state lines and raising capital.

Topics Covered: • What is an LLC? • Advantages: Tax savings, flexibility, limited liability • Challenges: Annual fees, state laws, funding limitations • Step-by-step: How to form an LLC Perfect for small business owners, freelancers, and anyone exploring business structures in the U.S. 🇺🇸


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