Do you have to renew your LLC every year? I know this may be the very next question popping in your mind immediately after you have come to grips with the concept of what is an LLC and, certainly, how it works. The response to that ‘yes, you are asking the right question that is readily available to you!’. As said earlier, the limited liability company (LLC) is a legal form of a company that provides limited liability to its owners in many jurisdictions. The flexibility that they provide to business owners is depending on the situation: an LLC may elect

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