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It is a hybrid structure that combines the legal and tax flexibility of a traditional LLC, the social benefits of a nonprofit organization, and the branding and market positioning advantages of a social enterprise. An anonymous limited liability company is an LLC for which ownership information is not made publicly available by the state.
Compare the benefits of different LLC types: ... If your LLC only uses its official limited liability company name, then it doesn't need a DBA. ... it needs to register as a foreign LLC in California.
In California, "[t]he amendment, S.B. 1301, changes existing law (found under Corporations Code Sections 2500–3503) [1] to emphasize the social-purpose nature of the flexible purpose corporations, most notably by changing its name to the "Social Purpose Corporation".
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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
But an LLC can also be a single-member LLC, organized by one individual. If that’s the case, the IRS treats the LLC as a “disregarded entity” unless it chooses to be treated as a corporation.
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