Home Forums General Discussion Limited Liability Company

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  • #106779
    arinas789
    Participant

    What are the advantages of a Limited Liability Company and how does it differ from a St or FOP?

    #106807
    bossbola
    Participant

    The peculiarity of LLC is that its participants are not liable for LLC obligations and bear the risk of losses related to LLC activities within the value of their contributions. i.e., unlike an additional liability company, LLC founders are not liable with their personal property for LLC debts. After learning about these advantages, I started looking for information about how to form an llc in oregon, because it is much more convenient to do it in oregon.

    #106837
    mamrika
    Participant

    LLC is a company founded by one or more persons, the authorized capital of which is divided into shares, the amount of which is set by the charter. The founders of an LLC can be both individuals and legal entities, with the number of founders ranging from 1 to 100 persons.

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