Tag: Business Entity

A Business Entity is a type of business structure that is legally recognized in a jurisdiction and has the ability to enter into contracts, own assets, pay taxes, and assume liability. Business Entities can range from sole proprietorships to partnerships, limited liability companies, S-corps, and C-corps. Each type of business entity provides its own advantages and limitations for taxes, liability, and regulations. It is important to select the type of business entity that best meets the needs of the company.

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Is an LLC a Corporation? Exploring the Corporate Structure

by Matthew M. Lockett

A limited liability company (LLC) is a type of corporate entity that provides owners with limited liability protection, meaning the owners are not typically held responsible for the company’s liabilities. LLCs exist in many nations all over the world, including the United States. An LLC is ineffective as a vehicle for Forex (foreign exchange) trading, however, as investors must use a broker/dealer to trade currencies.

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