Limited Liability Company in a sentence
Synonym: business entity.
Meaning: A business structure that protects its owners from personal liability.
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(1) LLC stands for Limited Liability Company.
(2) A legal person can be a limited liability company.
(3) The business registered as a limited liability company.
(4) A limited liability company can have perpetual existence.
(5) A limited liability company can have a perpetual existence.
(6) A limited liability company can have a unique business name.
(7) The limited liability company is a hybrid business structure.
(8) The owners of a limited liability company are called members.
(9) The limited liability company is a popular choice for startups.
(10) The limited liability company offers tax advantages to its members.
Limited Liability Company sentence
(11) The limited liability company is governed by an operating agreement.
(12) A limited liability company can have a board of directors or managers.
(13) The limited liability company is subject to state laws and regulations.
(14) The limited liability company is a widely recognized business structure.
(15) The limited liability company is a separate legal entity from its owners.
(16) A limited liability company can have a single member or multiple members.
(17) The limited liability company provides liability protection to its owners.
(18) A limited liability company can be dissolved voluntarily or involuntarily.
(19) The limited liability company is a separate legal entity for tax purposes.
(20) The limited liability company structure is popular among small businesses.
Limited Liability Company make sentence
(21) The limited liability company structure provides flexibility in management.
(22) The limited liability company is a flexible and scalable business structure.
(23) Starting a limited liability company requires filing the necessary paperwork.
(24) A limited liability company can be formed by individuals or other businesses.
(25) A limited liability company can have different voting rights for its members.
(26) The limited liability company structure allows for flexibility in management.
(27) A limited liability company can have different classes of ownership interests.
(28) The limited liability company is a popular choice for real estate investments.
(29) A limited liability company can have a flexible profit distribution structure.
(30) The limited liability company offers protection to its owners' personal assets.
Sentence of limited liability company
(31) The limited liability company can have its own bank account and credit history.
(32) A limited liability company is a popular business structure for small businesses.
(33) A limited liability company can be converted into a different business structure.
(34) John and Sarah decided to form a limited liability company for their new venture.
(35) The limited liability company can have different classes of membership interests.
(36) The limited liability company provides limited liability protection to its owners.
(37) The business partners used a quitclaim to dissolve their limited liability company.
(38) A limited liability company can choose to be taxed as a partnership or a corporation.
(39) The limited liability company is a popular choice for professional service providers.
(40) The limited liability company can be dissolved if the members decide to terminate it.
Limited Liability Company meaningful sentence
(41) The limited liability company is not required to hold annual meetings or keep minutes.
(42) The limited liability company is required to maintain proper records and documentation.
(43) The limited liability company can choose to be taxed as a partnership or a corporation.
(44) The limited liability company can have perpetual existence, even if the members change.
(45) The limited liability company can be owned by individuals, corporations, or other LLCs.
(46) A juridical person can be a partnership, a limited liability company, or a cooperative.
(47) The limited liability company can have a board of managers or be managed by its members.
(48) The company is looking to convert ownership of its assets to a limited liability company.
(49) The business structure of a limited liability company provides personal asset protection.
(50) The limited liability company can be a suitable choice for professional service providers.
Limited Liability Company sentence examples
(51) The income summary account is closed to the capital account in a limited liability company.
(52) Pool investments can be structured as a limited partnership or a limited liability company.
(53) The company decided to assume the form of a limited liability company for legal protection.
(54) The limited liability company can be converted into a different business structure if needed.
(55) The partners decided to form a limited liability company to minimize their joint liabilities.
(56) The limited liability company provides a shield against personal liability for business debts.
(57) The limited liability company can be formed by filing articles of organization with the state.
(58) The limited liability company provides a clear separation between personal and business assets.
(59) The limited liability company can protect its members from personal liability in case of lawsuits.
(60) The income summary account is closed to the owner's equity account in a limited liability company.
Sentence with limited liability company
(61) The limited liability company can have a registered agent to receive legal documents on its behalf.
(62) The limited liability company can have a unique name that is not already in use by another business.
(63) The income summary account is closed to the retained earnings account in a limited liability company.
(64) When forming a limited liability company, the members have joint liabilities for the company's debts.
(65) The limited liability company can be a flexible and efficient business structure for various industries.
(66) Limited partnerships can be converted into other business structures, such as a limited liability company.
(67) The company's re-incorporation as a limited liability company provided them with increased legal protection.
(68) The limited liability company can distribute profits to its members in proportion to their ownership interests.
(69) The limited liability company is a hybrid business structure combining elements of a corporation and a partnership.
Limited Liability Company meaning
Limited Liability Company (LLC) is a legal structure that provides limited liability protection to its owners, also known as members. If you are looking to incorporate this term into your writing, here are some tips on how to use "limited liability company" in a sentence effectively:
1. Define the term: When introducing the term "limited liability company" for the first time, it is essential to provide a brief definition to ensure clarity.
For example, "A limited liability company, commonly abbreviated as LLC, is a legal business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability protection of a corporation."
2. Use it as a subject: Incorporate "limited liability company" as the subject of your sentence to highlight its importance. For instance, "The limited liability company has become a popular choice for entrepreneurs due to its flexible management structure and liability protection."
3. Describe its benefits: Elaborate on the advantages of forming a limited liability company to showcase its value.
For example, "By forming a limited liability company, business owners can protect their personal assets from any potential lawsuits or debts incurred by the company."
4. Compare it to other business structures: To provide a comprehensive understanding, compare a limited liability company to other business structures like partnerships, corporations, or sole proprietorships. For instance, "Unlike a sole proprietorship, a limited liability company separates personal and business assets, ensuring that the owner's personal assets are not at risk in case of business liabilities."
5. Highlight its flexibility: Emphasize the flexibility offered by a limited liability company, such as the ability to choose between different tax classifications.
For example, "One of the key advantages of a limited liability company is the flexibility to elect different tax classifications, such as being taxed as a partnership or as an S corporation."
6. Discuss its formation process: If relevant, explain the steps involved in forming a limited liability company. For instance, "To establish a limited liability company, individuals must file the necessary formation documents, such as articles of organization, with the appropriate state agency."
7. Mention its popularity: Highlight the widespread use of limited liability companies in various industries.
For example, "Limited liability companies have gained popularity among small businesses, startups, and real estate ventures due to their simplicity and liability protection."
8. Provide real-life examples: Incorporate real-life examples to illustrate the application of limited liability companies. For instance, "Many tech startups choose to operate as limited liability companies to attract investors while protecting the founders' personal assets."
9. Discuss its limitations: Address any limitations or considerations associated with limited liability companies, such as potential tax implications or state-specific regulations.
For example, "While limited liability companies offer liability protection, they may face additional tax obligations compared to other business structures, depending on the chosen tax classification."
10. Conclude with a summary: Summarize the key points discussed in your article to reinforce the importance and benefits of using the term "limited liability company" correctly.
For example, "
In conclusion, understanding the concept of a limited liability company is crucial for entrepreneurs seeking liability protection and flexibility in their business ventures." By following these tips, you can effectively incorporate the term "limited liability company" into your writing, providing a comprehensive understanding of its meaning, benefits, and usage.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Limited Liability Company. They do not represent the opinions of TranslateEN.com.