Does LLC always stand for Limited Liability Company?

Yes, in US business law. In a few states the formal term is 'Limited Liability Co.' but it's the same structure.

What does the 'LLC' after a name like 'Smith Construction LLC' tell me?

It tells you the business is a Limited Liability Company registered with a US state. The owner has legal separation from the business and is shielded from most business debts and lawsuits.

Is an LLC the same as a corporation?

No. Both offer liability protection, but corporations have shareholders, boards, mandatory formalities, and (by default) double taxation. LLCs are simpler and taxed as pass-throughs by default.

LLC guides

Plain-English walkthroughs for forming, banking, and running your LLC — written by founders, reviewed every quarter.

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How to start an LLC: the complete 2026 guide

The 7 steps, the costs, the mistakes founders make, and what to do in the first 30 days after filing.

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LLC guides

Start here

How to start an LLC: the complete 2026 guide

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How to start an LLC in Colorado

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How to start an LLC in Delaware

How to start an LLC in Wyoming