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The video tutorial focuses on the process of creating a Limited Liability Company (LLC), which combines the liability protection of a corporation with the tax advantages of a partnership or sole proprietorship. To form an LLC, a Certificate of Organization and Docketing Statement must be filed with the Corporation Bureau, including information about the business type, location, name, activity, fiscal year, and other details. The business name must be available and a physical address is required. Watch the Name Research video for more information.