I have noticed in several cases (most of them british) they have the letters LLC after their name. Is that the same thing as Incorporated (Inc.) in america?
2006-08-16 09:04:17 · 8 answers · asked by Mr. Mulder 2 in Business & Finance ➔ Corporations
a Limited Liability Corporation is a hybrid of a personally owned company with the benefits of limited liability that corporations enjoy. You are taxed at a personal rate, but you are protected under corporate laws. Very common for consultants, architectures, services, etc.
2006-08-16 09:11:25 · answer #1 · answered by heffinator 2 · 1⤊ 0⤋
Limited Liabality Company
2006-08-16 09:14:43 · answer #2 · answered by Scott 6 · 0⤊ 0⤋
Limited Liability Corporation
2006-08-16 09:09:58 · answer #3 · answered by atwil 5 · 1⤊ 0⤋
It means limited liability company. A lot of smaller business in the US are going this root b/c it provides tax advantages.
And actually I think the British use PLC
2006-08-16 09:11:01 · answer #4 · answered by Cherie M 2 · 1⤊ 0⤋
Limited Liability Company
Read more here:
http://en.wikipedia.org/wiki/Limited_liability_company
2006-08-16 09:09:18 · answer #5 · answered by freaknerd 3 · 1⤊ 0⤋
No they have Limited Liability so if you try and sue them there is a limit to what you can get out of them. Usally this is for small bussinesses.
2006-08-16 09:10:56 · answer #6 · answered by ny3boys 2 · 0⤊ 0⤋
limited liability company
2006-08-16 09:09:49 · answer #7 · answered by eagle_eyes 2 · 1⤊ 0⤋
i think it means Limited Liability Company. I think its slightly different than being incorporated. http://www.corporate.com/shouldIIncorporate.jsp
2006-08-16 09:10:32 · answer #8 · answered by ms mystery 3 · 1⤊ 0⤋