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  2. List of legal entity types by country - Wikipedia

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

    SAS (Société par actions simplifiée): ≈ limited liability company (US, especially in Delaware), unlisted public company (Au), close corporation (CC) (S. Africa), private corporation (Can); often used for subsidiaries; minimum of one director and two members/shareholders; no limit on share capital; liability can be restricted to director ...

  3. Entity classification election - Wikipedia

    en.wikipedia.org/wiki/Entity_classification_election

    The effect of these rules is that a U.S. limited liability company (LLC) or limited liability partnership (LLP) is treated by default as a partnership (or disregarded entity if it has only one owner), whereas a foreign LLP is treated by default as a corporation (if, as is generally the case, all its members have limited liability).

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    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]

  5. LLC vs. Corporation - AOL

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

    A limited liability company (LLC) is a business entity that helps to protect the business owner from the liabilities incurred by the company they own. As a sole proprietor, you and your business ...

  6. Partnership vs. Corporation - AOL

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

    Business license (and possible a “doing business as” (DBA), depending on your state), partnership agreement not required but recommended Articles of incorporation, corporate bylaws ...

  7. Foreign corporation - Wikipedia

    en.wikipedia.org/wiki/Foreign_corporation

    Thus the corporation is a domestic corporation in Delaware or Nevada, and is a foreign corporation in any other state (or country) with which it registers. While there may be tax benefits as a result of choosing where a corporation's domestic jurisdiction is located, registering as a foreign corporation in another state can create new tax ...

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