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  2. List of legal entity types by country - Wikipedia

    en.wikipedia.org/wiki/List_of_legal_entity_types...

    A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined

  3. Entity - Wikipedia

    en.wikipedia.org/wiki/Entity

    In law, a legal entity is an entity that is capable of bearing legal rights and obligations, such as a natural person or an artificial person (e.g. business entity or a corporate entity). In politics, entity is used as term for territorial divisions of some countries (e.g. Bosnia and Herzegovina).

  4. Company - Wikipedia

    en.wikipedia.org/wiki/Company

    The company, as an entity, was created by the state which granted the privilege of incorporation. [1] Companies take various forms, such as: voluntary associations, which may include nonprofit organizations; business entities, whose aim is to generate sales, revenue, and profit; financial entities and banks; programs or educational institutions

  5. Partnership vs. Corporation - AOL

    www.aol.com/finance/partnership-vs-corporation...

    A corporation is a separate legal entity that issues shares (stake in the company) to owners and protects their personal liability A partnership is owned by its partners and is easier to establish ...

  6. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5] Although LLCs and corporations both possess some analogous features, the basic terminology commonly associated with each type of legal entity, at least within the United States, is sometimes different.

  7. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    Malaysia uses Sdn. Bhd. (Malay: Sendirian Berhad), meaning "private limited", which is the equivalent of an incorporated entity in the US. Singapore uses Pte. Ltd., meaning "private limited", which is the equivalent of an incorporated entity in the US. [15] Dubai uses "LLC" to denote a limited liability company. Listed companies use "PJSC" to ...

  8. Business - Wikipedia

    en.wikipedia.org/wiki/Business

    A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. [6] The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the ...

  9. Private limited company - Wikipedia

    en.wikipedia.org/wiki/Private_limited_company

    A limited liability company (LLC) is a relatively new business structure authorized by state statutes. [52] The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the limitada, a type of business organization available in many Latin American countries. [16]