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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    Business and economics portal. v. t. e. 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] An LLC is not a corporation under the laws of ...

  3. Articles of organization - Wikipedia

    en.wikipedia.org/wiki/Articles_of_Organization

    Articles of organization. The articles of organization are a document similar to the articles of incorporation, outlining the initial statements required to form a limited liability company (LLC) in many U.S. states. Some states refer to articles of organization as a certificate of organization or a certificate of formation. [1]

  4. List of legal entity types by country - Wikipedia

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

    Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities.

  5. Operating agreement - Wikipedia

    en.wikipedia.org/wiki/Operating_agreement

    An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called "members".

  6. Articles of association - Wikipedia

    en.wikipedia.org/wiki/Articles_of_association

    e. In corporate governance, a company's articles of association ( AoA, called articles of incorporation in some jurisdictions) is a document that, along with the memorandum of association (in cases where it exists) forms the company's constitution. The AoA defines the responsibilities of the directors, the kind of business to be undertaken, and ...

  7. Company limited by guarantee - Wikipedia

    en.wikipedia.org/wiki/Company_limited_by_guarantee

    t. e. A company limited by guarantee ( CLG) is a type of corporation where the company has no share capital (although rare exceptions exist). Members instead act as guarantors of the company's liabilities: each member undertakes to contribute an amount specified in the articles (typically very small) in the event of insolvency or of the winding ...

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