Ads
related to: difference between llc inc corp logo- What Is An LLC?
Everything You Need To Know About
LLCs, From Formation To Costs.
- 3 Steps To An LLC
Learn 3 Simple Steps To Form
An LLC.
- Operating Agreement
File An Operating Agreement With
Us Today For A New Or Existing LLC.
- Start An LLC Today
Here's What You Need To Know
About Getting Your LLC Started.
- Pick A Name For Your LLC
Picking A Business Name Is
Hard. Filing For Your LLC Is Easy.
- Do You Need An LLC?
Every Business Is Different. Find
Out If An LLC Is Right For You.
- What Is An LLC?
Search results
Results From The WOW.Com Content Network
LLC. Corporation. Ownership. Can be owned by one or multiple members. Owned by shareholders. Paperwork. Annual business filings can be handled by the business owner or manager.
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 may be well-suited for companies with a single owner. [5]
Company: In the Korean Commercial Act, a company is a corporation established for commercial activities or other for-profit purposes. A company comes into existence by registering its incorporation at the location of its head office. 합명회사; 合名會社; hammyeonghoesa : gōmei gaisha (Japan); corporation similar to a general partnership
On the other hand, a corporation (Corp.) or a limited liability company (LLC) may hold assets such as real estate, cars or boats. If a shareholder of a corporation is personally involved in a lawsuit or bankruptcy, these assets may be protected. A creditor of a shareholder of a Corp. or LLC cannot seize the assets of the company.
LLC is responsible to the creditors only with its assets. Legal entities (foreign or Ukrainian companies) individuals, regardless of their country of citizenship or residency can be the founders (participants) of LLC. Limited liability company can be formed either by one person or by several individuals or legal entities (corporations).
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Ad
related to: difference between llc inc corp logo