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An limited liability company is a blend of corporate structures partnership which is is a flexible form of enterprise.
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An limited liability company is a blend of corporate structures partnership which is is a flexible form of enterprise.
A single member LLC is easy and simple to form, maintain as well as manage. Adding a spouse does not change the simplicity inherent.
Unless the members choose an alternative tax classification it provides pass-through tax treatment to avoid double taxation.
Unlike the S corporation, a Limited Liability Companies have fewer restrictions such as the number of owners and who can own it.