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An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and ...
This is a list of abbreviations used in a business or financial context. ... LLC – Limited Liability Company; ... RFX – Generic name for a Request for Information
Business entities according to the "Ley General de Sociedades Mercantiles" (General Law of Business entities) Persona Física; S.A. (Sociedad Anónima): ≈ plc (UK) S. de R.L.(Sociedad de Responsabilidad Limitada): ≈ Ltd. (UK) Associates name and "y compañía" or Associates name and "y sucesores"(Sociedad en Nombre Colectivo): ≈ general ...
[1] [2] A shareholder in a corporation or limited liability company is not personally liable for any of the debts of the company, other than for the amount already invested in the company and for any unpaid amount on the shares in the company, if any—except under special and rare circumstances that permit "piercing the corporate veil."
Governments will not allow another corporation or any other kind of legal entity to register a name that is too similar to the name of an existing corporation. [35] However, since "different states may register entities with the same names, a corporate name is a unique identifier only when combined with the name of the state of incorporation ...
LLC business loan document requirements are similar to those of other types of business loans. ... Your name. Your address (and, if different, your business address) Your Social Security number.
A limited liability company (LLC) is a popular business structure chosen by millions of small business owners. It offers tax advantages and protections that limit the legal liability of the LLC ...
A GmbH is formed in three stages: the founding association, which is regarded as a private partnership with full liability of the founding partners/members; the founded company (often styled as "GmbH i.G.", with "i.G." standing for in Gründung – literally "in the founding stages", with the meaning of "registration pending"); and finally the fully registered GmbH.