The Limited Liability Company (eBook)
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Now:
$5.00
- Overview:
- This relatively new business entity is a hybrid between the partnership and the corporation. It has all the flexibility of a partnership (it is created by a contract among all the parties), yet can enjoy the limited liability typical of a corporation
- Pages:
- 10
- Availability:
- Download link for this product available immediately after checkout. Also available in print.
- SKU:
- 788D
This relatively new business entity is a hybrid between the partnership and the corporation. It has all the flexibility of a partnership (it is created by a contract among all the parties), yet can enjoy the limited liability typical of a corporation.
Many states now recognize the LLC, and the IRS has defined tax regulations pertaining to it. The LLC also avoids the statutory restrictions of the Subchapter S corporation. Businesses which might best consider the LLC form are venture capital/investment firms, family businesses, entrepreneurial start-ups, and professional corporations. This new reports presents the LLC clearly and authoritatively.
Many states now recognize the LLC, and the IRS has defined tax regulations pertaining to it. The LLC also avoids the statutory restrictions of the Subchapter S corporation. Businesses which might best consider the LLC form are venture capital/investment firms, family businesses, entrepreneurial start-ups, and professional corporations. This new reports presents the LLC clearly and authoritatively.