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Definition of a Limited Liability Company or LLC. Like a corporation, a limited liability company or "LLC," is a separate and distinct legal entity. This means that an LLC can get a tax identification number, open a bank account and do business, all under its own name.How do you start a LLC in California?
How to Start an LLC in California. To start an LLC in California you must file Articles of Organization with the California Secretary of State, pay a $70 filing fee, and get a tax ID from the IRS.