Llc full form: An LLC is not a corporation

An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLC stands for limited liability company, a business structure that protects its owners from personal risk while offering tax advantages. Learn how to form an LLC , its advantages and disadvantages, and its taxation options. What is a Limited Liability Company ( LLC )? Meaning, Types and Limitations. Learn about Limited Liability Company ( LLC ) - its meaning, types, examples, advantages, disadvantages, and limitations for businesses and entrepreneurs. Explore the full form of LLC : Limited Liability Company. Understand its structure, formation, advantages, and global perspective. Ideal for entrepreneurs and business owners.