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If you’re ready to incorporate a business, one of the simplest ways to create a legal entity for your company is to set up an LLC.  The LLC stands for “limited liability company,” and it gives you the ability to create a separate legal entity for your business which is separate from your identity as the owner. Like other corporate structures, the LLC gives you a “corporate shield” when you incorporate a business, to separate and protect your personal assets from those of your business.

To read the original article: Incorporate A Business: Choosing A Legal Entity