The main difference between the LLC and Trademark is that LLC is a type of business structure whereas trademark is a form of intellectual property protection.
Before we move to more differences, let’s first understand LLC and Trademark:
- LLC: A Limited Liability Company (LLC) is a legal entity that is separate from its owners. It provides legal protection for the business and personal assets of its owners.
- Trademark: A trademark is a symbol, word, phrase, or design that represents a product or service. It is a type of intellectual property that identifies the source of goods or services and distinguishes them from the products or services of others.
Now, let’s get to LLC vs Trademark:
Major differences between LLC and Trademark
|LLC is a business structure that is created through a state filing.||A Trademark is registered with the U.S. Patent and Trademark Office.|
|LLC provides personal liability protection to its owners.||A Trademark protects the intellectual property rights of a product or service.|
|LLC allows for multiple owners.||A Trademark is owned by a single entity or individual.|
|LLC is required to file annual reports and pay taxes.||A Trademark does not have any tax obligations.|
|LLC has to register in every state it operates in.||A Trademark is registered nationally.|
So, these are the main differences between the entities.
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