UTTC USA

LLC is a type of business entity that is similar both to corporations and private partnerships. LLCs provide liability protection to the personal assets of the owners. LLCs also offer a lot of benefits in terms of management, taxation, and the allocation of profits or losses... As a legal entity, your LLC company can own assets, sign leases, loans, and other contracts. Since it's legally a separate entity from its owners, you are not liable for business obligations... Here are the main steps which are required to start your limited liability company.