{"id":4840,"date":"2021-07-16T14:28:34","date_gmt":"2021-07-16T19:28:34","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/incorporation-and-legal-structures\/llc-definition.html"},"modified":"2025-11-01T23:22:00","modified_gmt":"2025-11-02T04:22:00","slug":"llc-definition","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/llc-definition.html","title":{"rendered":"What Is an LLC?"},"content":{"rendered":"\n
\n

What Is an LLC?<\/h1>\n\n
\n
\n By Acacia Wilson, Esq.<\/a> | Legally reviewed by Catherine Hodder, Esq.<\/a>\n | Last updated\n
\n

Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
\n

This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
\n

The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n\n\n

\n

A limited liability company<\/span> (LLC) is a business structure<\/span> that separates the owner from the business providing personal liability<\/span> protection. An LLC is similar to a corporation in liability protection and similar to a sole proprietorship<\/span> in flexible tax treatment.<\/p>\n\n <\/div>\n\n\n\n

An LLC (“limited liability company<\/span>“) is a type of <\/span>business<\/span> structure<\/span> that has benefits for business owners. An LLC is different from a sole proprietorship<\/span><\/a> and a corporation<\/a> in many important ways. If you are considering forming an LLC, it could help to know the benefits of this business structure<\/span>.<\/p>\n

Form your LLC with confidence. <\/em><\/strong>Our trusted partner LegalZoom has packages starting at $0 + filing fees<\/span>.<\/em><\/strong><\/a><\/b><\/p>\n

Key Takeaways:<\/strong><\/p>\n