DocRun. Complex Documents. Simplified.

• Accounting & Taxation
• Asset Protection
• Business Law
• Corporations
• Dissolutions & Terminations
• Estate Planning
• Intellectual Property
• Investing
• Limited Liability Companies
• Mergers & Acquisitions
• Non-Profits & Associations
• Partnerships
• Real Estate
• Venture Financing

• What Links Here
• Related changes
• Permanent Link

• Categories
• Discussion

• Read our Intro Guide
• Help Section

Single-Member Limited Liability Company

Definition

(noun): A limited liability company that is wholly owned by one person or institution — typically also the manager.

Disadvantages

Not all states allow single-member LLCs.