The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all states, the LLC combines ...

Discover the differences between limited, general, and joint venture partnerships and learn how each impacts liability, taxes ...

Business owners seeking to limit their personal liability for the actions and debts of the company may structure the business as a limited liability partnership or as a limited liability company.

A limited liability company is a type of business entity and is often miscalled a limited liability corporation. Each business structure offers the business owners advantages and disadvantages when it ...

A holding company is a legal business entity (usually a limited liability company or C Corporation) that owns or has a controlling interest in one or more companies (called “subsidiaries”). Other ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

When starting a business, people have the option of either doing so through a sole proprietorship (one person owns the business), a partnership (two or more people own the business), or through a ...

The use of a limited liability company in a real estate transaction doesn’t mean the deal is suspicious, or even all that unusual. But it means at least one party to the property deal took a step that ...

The Department of Enterprise, Tourism and Employment is seeking the views of the public on a proposal to change the Companies ...

The biggest decision you’ll make as a new business owner is whether you want to set up as an unlimited liability company or not. How you structure your new business will have lasting implications for ...

Discover how Unlimited Liability Corporations (ULCs) work in Canada, their shareholder liability implications, and the tax ...