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ELI5, What is the difference between and LLC and an INC.?

62 viewsMarch 7, 2023
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Question80.59K March 6, 2023 1 Comment

I thought I knew, but some recent answers have my head all mixed up.

In: 0

nmxt commented March 6, 2023

LLCs don’t issue shares, the owners simply own determined percentages of the business. If an LLC issues stock, it becomes an INC.

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