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  2. Professional corporation - Wikipedia

    en.wikipedia.org/wiki/Professional_corporation

    Such corporations must identify themselves as professional corporations by including "PC" or "P.C." after the firm's name. [1] Professional corporations may exist as part of a larger, more complicated, legal entity; for example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

  3. Articles of organization - Wikipedia

    en.wikipedia.org/wiki/Articles_of_Organization

    The articles of organization document typically includes the name of the LLC, the type of legal structure (e.g. limited liability company, professional limited liability company, series LLC), the registered agent, whether the LLC is managed by members or managers, the effective date, the duration (perpetual by default in most states), and the ...

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series. For example, a series LLC that purchases separate pieces of real estate may put each in a separate series so if the lender forecloses on one piece of property, the others are not affected.

  5. LLC vs. Corporation - AOL

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

    LLC vs. Corporation. TJ Porter. April 30, 2024 at 1:37 PM ... (LLC) is a business entity that helps to protect the business owner from the liabilities ... An S corporation is a special form of ...

  6. List of legal entity types by country - Wikipedia

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

    合同会社 (gōdō gaisha or gōdō kaisha, "G.K.") – lit. "amalgamated company", a close corporation form similar to the American LLC, introduced in 2006 有限会社 (yūgen gaisha or yūgen kaisha, "Y.K.") – lit. "limited company", a close corporation form for smaller businesses, abolished in 2006 and replaced by G.K. above

  7. Incorporation (business) - Wikipedia

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

    There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal

  8. Sole Proprietorship vs. LLC

    www.aol.com/news/sole-proprietorship-vs-llc...

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  9. 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

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