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A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]
A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [ 1 ]
A series limited liability company, commonly known as a series LLC, protected cell company, segregated account company, or segregated portfolio company, and sometimes abbreviated as SLLC, is a form of a limited liability company that provides liability protection across multiple "series" each of which is theoretically protected from liabilities arising from the other series.
Low-profit limited liability company – Legal form of business entity in the US; Public-benefit nonprofit corporation – Chartered by a US state government; Social enterprise – Type of organization; Social purpose corporation – For-profit that enables, without requiring, social or environmental decision making
An LTC is the same as the traditional limited liability company (LLC), established in accordance with the New Zealand Companies Act of 1993, apart from taxation of the company's income. An LTC is unlike a typical company in that the income and expenditure of the company are expressly in the hands of the shareholders.
The Positives and Negatives of Your 50s. There are plenty of pros to mark off if you’ve reached your 50s. As licensed clinical psychologist Roger Miller, Ph.D. says, by your 50s, ...
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