There are a few basic differences between LLC and trademark. Limited liabilities would mean that litigation shall have to consider no personal disadvantages of the Directors, for that matter of fact. An LLC needs to declare the assets versus the liabilities in a balance sheet at the end of the year.One can file the profits of the company with personal tax returns LLC owners do not pay taxes directly: The owners of LLCs do not pay taxes directly.Hence, your assets like private property and personal bank accounts are safe and are protected by law LLCs have lower personal liability: In the case of an LLC, if your company is passing through a debt phase, nobody can hold you personally responsible for the same, even if you are the sole proprietor.LLCs are versatile : It is possible to register all individuals and organizations as LLCs, except for a few like banks and insurance companies. The primary characteristics of an LLC are versatility, less personal liability, and pass-through taxation. It is akin to a corporation with fewer administrative responsibilities. On the other hand, a limited liability company, or LLC, is a kind of business structure wherein the business owners cannot be personally accused in litigation. Use Vakilsearch trademark name search engine to look up previously registered trademarks to avoid copyright infringement. Trademarks and service marks are akin to copyright since the primary function of both of them is to safeguard intellectual property. Some of the common and popular trademarks include original characters, logos, words, slogans and phrases, artwork and pictures, and names, including usernames and domain names. Trademark can be a unique feature that helps identify an individual or a company’s brand in the marketplace. This article will help you understand the meaning of LLC and trademark, the difference between the two, and when it is ideal to take LLC registration first and when it is not so.
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