What Is Limited Liability Company And The Advantages And Disadvantages. In this article, we’ll cover the advantages and disadvantages of an llc to help you choose the best structure for your business. Setting up a business as a limited company is the second most popular way of setting up a business in the uk.

List of the advantages of a limited liability company (llc) 1. Disadvantages of a limited liability company difficult to raise capital. An agreement governing rights and responsibilities is usually necessary for this.