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Think, "Berkshire Hathaway." Berkshire Hathaway is a holding company of many other companies. Take for instance Berkshire's recent majority purchase of BNSF or Burlington Northern Santa Fe. You invest in Berkshire which in turn invests in BNSF.
To make this a little easier to understand, let's think about it like this. I own a trucking company which is an LLC. To protect myself and my assets above and beyond my LLC, I have a holding company. Let's say one of my drivers hits a car full of lawyers on the way to a convention and lawsuits arise over my insurance, I can Bankrupt my LLC and open a new one. Still being fully protected because all of my assets(trucks and equipment are in a holding company.
The only difference why my trucking company is an "LLC" and not an "INC" is because I dont have investors and I do everything legitimately, thus paying less in taxes than an "INC" which is double taxed. Another topic. The only way law can get to you personally is if you commit to fraudulent acts within your LLC otherwise you are fully protected like an "INC."
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Can a subsidiary own shares in its holding company?
If a subsidiary own shares in holding company that would be considered as treasury.
What is blue license holding llc?
They are known as AT&T
What is the proper way to write a company name with LLC at the end?
what is the proper way to write a company's name with llc
What kind of company is an LLC corporation?
An LLC corporation is a limited liability company. This means that the company gives the owners the ability to assume less liability if something were to happen.
Can llc own a non for profit?
yes!
What is the address for River Holding Aviation LLC?
Switchboard.com did not have a listing for this company in the US.
Can a subsidiary own shares in its holding company?
If a subsidiary own shares in holding company that would be considered as treasury.
What sort of things could one expect to find on the How To Start An LLC website?
The How to Start An LLC Website offers advice on how you can start your own company. They offer advice and examples that you can use to start your own company.
Where are dodge cars manufactured?
There are factories in the USA, Mexico, and Canada. Chrysler Holding Llc company profile in Auburn Hills, MI
What is the Difference between plc and llc?
PLC: Public Limited Company: Is traded on the Stock Market. This means that the shares in the company are sold daily and the share prices rise and fall depending on a number of factors. LTD: Limited Liability Company: LLC's are entities in their own right. For example, LLC's can assume debt. When you form an LLC, you pay different taxes on your earnings and have to report your finances annually. All PLC's are LLC's but not all LLC's are PLC's
How do you write LLC?
LLC stands for Limited Liability Company - LLC after a company name replaces the letters PLC (which stood for Public Limited Company).
What are the pros n cons in holding property in a llc versus holding a property in a trust?
The best way to do this is to form an LLC with the trust as the sole member of the LLC, this creates a layer of liability protection for the trust.
if LLC own shares in the other LLC can the creditor goes after the other LLC?
Yes - the shares are an 'asset' - whether they're shares in the business under investigation, or another company. The shares would be sold off (or 'liquidised' ) in order to maximise the cash value of the company for the benefit of its creditors.
How does an LLC designation protect businesses in law suits?
Rather than protect the company a LLC protects the individuals who own the company. BY essentially allowing the law to treat the LLC as a individual itself it protects the owners from individual legal action to some degree. In a Limited Liability Company (LLC), the owners are only as financially liable for the actions of the company as the amount of money they have invested in it. In this way, the LLC designation does not protect the business in law suits, but rather the non-business-related assets of the owners.
What is one example of a known limited liability company?
Any company with Limited, Ltd. or LLC attached to their name would be a limited liability company. Company's such as Natureworks LLC and The Markets LLC are examples.
What does llc stand for?
LLC = Limited Liability Company It is sometimes mistakenly referred to as a Limited Liability Corporation. However, an LLC can file taxes as either a Discarded Entity, a Corporation or a Partnership.
What is blue license holding llc?
They are known as AT&T
