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  2. LLC vs. Corporation - AOL

    www.aol.com/finance/llc-vs-corporation-203712316...

    LLC vs. Corporation. TJ Porter. April 30, 2024 at 1:37 PM. Key takeaways. ... B corporations, also called benefit corporations, are for-profit entities that aim to work for the public good. They ...

  3. For-profit corporation - Wikipedia

    en.wikipedia.org/wiki/For-profit_corporation

    A modern form of profit corporations exists in the form of a "benefit corporations." A number of for-profit corporations have opted to change their corporate form to this one. Many new corporations have been incorporating as benefit corporations. A benefit corporation aims to gain profit but also has a social mission that may have to do with ...

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    In California, both foreign and domestic LLCs, corporations, and trusts, whether for-profit or non-profit—unless the entity is tax exempt—must at least pay a minimum income tax of $800 per year to the Franchise Tax Board; and no foreign LLC, corporation or trust may conduct business in California unless it is duly registered with the ...

  5. List of legal entity types by country - Wikipedia

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

    spółka wodna (a water corporation) – a not-for-profit water law corporation and a juridical person, incorporated to provide water services to its shareholders, usually in a rural or suburban setting, registered by the local starosta, while a union of such entities is registered by the voivode;

  6. Low-profit limited liability company - Wikipedia

    en.wikipedia.org/wiki/Low-profit_limited...

    As stated, an L3C is a for-profit, social enterprise venture that has a primary goal of performing a socially beneficial purpose with a secondary goal of maximizing profits. [ 8 ] [ 9 ] [ 10 ] It is a hybrid structure that combines the legal and tax flexibility of a traditional LLC, the social benefits of a non-profit organization, and the ...

  7. Partnership vs. Corporation - AOL

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

    C-corporations are subject to the 28 percent corporate tax rate on profits. Their shareholders are also subject to personal income taxes on any dividends they receive. You might hear this called ...

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