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An anonymous LLC allows individuals to form a limited liability company while keeping their personal information private. There are various reasons one might choose to remain anonymous, including the desire to protect personal and commercial interests. This approach is appealing to business leaders who wish to keep their financial dealings, goals, and strategies confidential, as well as to mitigate potential lawsuits. Essentially, an anonymous LLC functions like a standard LLC, but provides greater privacy for its owners, who are also known as members. State regulations determine the level of privacy available, with some states offering more robust protections.