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law:limited-liability [2026/08/13 06:52] – [Acquiring Limited Liability] Humphrey Boa-Gartlaw:limited-liability [2026/08/19 09:08] (current) – [Acquiring Limited Liability] Humphrey Boa-Gart
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 A **Limited Liability Corporation** //(also known as an **LLC**)// is a type of hybrid business entity in the United States //(with rough equivalents in many other countries)// which goes through a formal incorporation process specifically designating it as an LLC. The specifics of this process vary by state, but they usually want information about your company, what it does, where you do it, how to contact a representative of your company in person if ever necessary, and of course some processing fees. The final result is a business entity that is laid-back like a d/b/a, but enjoys some of the same Limited Liability benefits & pseudo-personhood that a full-fledged corporation has. A **Limited Liability Corporation** //(also known as an **LLC**)// is a type of hybrid business entity in the United States //(with rough equivalents in many other countries)// which goes through a formal incorporation process specifically designating it as an LLC. The specifics of this process vary by state, but they usually want information about your company, what it does, where you do it, how to contact a representative of your company in person if ever necessary, and of course some processing fees. The final result is a business entity that is laid-back like a d/b/a, but enjoys some of the same Limited Liability benefits & pseudo-personhood that a full-fledged corporation has.
  
-{{wst>enola|LIMITED. FUCKING. LIABILITY!}}+{{wst>enola|LIMITED! FUCKING! LIABILITY!}}
  
  
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 The basic LLC is but one type of Limited Liability available for your [[diy:ops|operations]]. There are also many sub-types with different spins on the concept: The basic LLC is but one type of Limited Liability available for your [[diy:ops|operations]]. There are also many sub-types with different spins on the concept:
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 //For the purposes of this tutorial, we will be creating anonymous LLC's in **New Mexico**, as it is the cheapest & easiest of all states to do this kind of thing from remotely. It costs a mere **fifty dollarydoos** to register your LLC with the state, and this registration is __**good for life with no annual filing requirements**__. However, you may want to consider adapting this guide for **Wyoming**, as they make up for having more expensive & recurring filing fees by having no state income tax. Alternatively: **Why not both?**// //For the purposes of this tutorial, we will be creating anonymous LLC's in **New Mexico**, as it is the cheapest & easiest of all states to do this kind of thing from remotely. It costs a mere **fifty dollarydoos** to register your LLC with the state, and this registration is __**good for life with no annual filing requirements**__. However, you may want to consider adapting this guide for **Wyoming**, as they make up for having more expensive & recurring filing fees by having no state income tax. Alternatively: **Why not both?**//
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law/limited-liability.1786603952.txt.gz · Last modified: by Humphrey Boa-Gart

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