A limited liability company llc is a business structure allowed by state statute each state may use different regulations and you should check with your state if you are interested in starting a limited liability company. The limited liability company hereinafter llc is neither a corporation nor a partnership rather it is a and forms call 800 829 3676 or visit the internal revenue service web site at to form a professional limited liability to provide a professional service use form 206. Forming an llc limited liability company is not as hard as most people think here are the steps you need to take to make your llc a reality choose an available business name that complies with your states llc rules. Limited liability protection by forming an llc only the llc is liable for the debts and liabilities incurred by the business not the members the members liability is limited to the personal interest they have invested in the company thus protecting the personal assets of the individual member that are separate from the llc
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