Limited Liability Companies (LLCs)
More commonly referred to as "LLC" - this type of company is not a corporation or a partnership but has elements of both. A Limited Liability Company can offer its members and managers "limited liability" for the obligations of the company.
Vermont statutes require that all employers provide workers' compensation coverage for its employees, unless a specific exemption exists, questions regarding this issue should be directed to the Department of Labor.
This section is designed to help answer many of your questions, but it is not intended to replace the advice of a qualified attorney, a certified public accountant, or other field related experts.