Al Sulaymaniyah Used Cars Tr. Sole Propritorship LLC

About Al Sulaymaniyah Used Cars Tr. Sole Propritorship LLC

A Sole Proprietorship Limited Liability Company (LLC) is a legal business structure that combines elements of both sole proprietorships and limited liability companies. In this type of business, a single individual owns and operates the company, making them the sole proprietor. However, by forming an LLC, the owner can enjoy some of the liability protections that are typically associated with larger corporations.The LLC structure helps protect the owner's personal assets from business liabilities. This means that the owner's personal assets are generally not at risk in case of business debts or legal issues.