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How can you sell your Corporate Limited Partnership Limited Liability Company registered name?
Wiki User
∙ 16y ago
You can contact a Secondary Market Broker to find a buyer for the shares (like LPSales.com). The process can take 4 weeks and longer and there's some paperwork involved.
Wiki User
∙ 16y ago
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What is the definition of a limited liability company?
The limited liability company is a hybrid legal entity that has both the characteristics of a corporation and of partnership. An LLC provides its owners with corporate like protection against personal liability.
What is the meaning of the term LLC capital?
LLC stands for Limited Liability Company & it is flexible form of enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation it is a legal form of company that provides limited liability to its owners.
What does the LLC stand for in Indiana LLC?
The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.
What does LLP after a company name stand for?
Limited Liability Partnership
What does Company Name BV mean?
Besloten Vennootschap is the Dutch terminology for a private limited liability company. The company is owned by shareholders, and the company's shares are privately registered and not freely transferable. The phrase means "secluded partnership" or "private partnership" and it is the most common form of enterprise in the Netherlands.
Is corporate infocom legal company?
yes...corporate Infocom is a legal company...it is registered by the company act..
What is the difference between LLC and Enterprise?
An LLC is a legal form of a company that blends elements of partnership and corporate structures. An enterprise is one company or business. Start-up companies are usually referred to as an enterprise.
Is annual filing required?
A Partnership firm is not required to file its annual accounts with the Registrar each year unlike a Limited Liability Partnership or Company. Limited Liability Partnership's and Company's are required to file their annual accounts with Registrar of Companies each year.
What does LP mean after company name?
The suffix is LLP, and it stands for Limited Liability Partnership. It is a corporate structure designed to provide the protection of a "C" corporation with the tax benefits of a "Subchapter S" corporation.
Four differences between limited liability company and partnership?
1.In a Limited Liability Company the liability of the Directors is limited to the extent of in the value of the shares held by them in the company. In a Partnership firm the liability of the partners is in proportion to their profit sharing ratio. 2.The directors in a Limited Liability Company may or may not be shareholders in the company.They could be executive directors on salary. The partners in a partnership firm are the co owners of the company in proportion of capital employed individually. 3.The directors in a Limited Liability company earns salary.They are not liable individually in case of losses in the company. In a Partnership Firm the Partners earns salary (remuneration), Interst on capital employed in the business and a share of profit. 4.The terms and conditions and the the nature of business to be done by a Limited liability company is covered in the Memorandum and Articles of association. The same is covered by a Partnership deed in a partnership firm. The Profit and loss sharing ratio,remuneration to be paid and interest to be paid to partners is mentioned explicitly in the deed.
What does PLLC stand for after an attorneys name?
PLLC is a combination of two business forms. The partnership and the LLC. PLLC stands for partnership limited liability corporation.
How many limited liability partnerships compare with general partnerships?
The main difference between limited liability partnership and general partnerships is limited liability. Partners of an general partnerships are liable for all debts accumulated. Partners of an limited liability partnership are enjoying limited personal liability protection. However many people may prefer to incorporate Limited Liability Company instead of an limited liability partnership.
