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2. List of legal entity types by country - Wikipedia

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

   There are many types of business entitiesdefined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companiesand other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province.

3. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   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 every state; it is a legal form of a ...

4. Limited liability limited partnership - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_limited...

   The limited liability limited partnership ( LLLP) is a relatively new modification of the limited partnership. The LLLP form of business entity is recognized under United States commercial law. An LLLP is a limited partnership, and it consists of one or more general partners who are liable for the obligations of the entity, as well as or more ...

5. Entity classification election - Wikipedia

   en.wikipedia.org/wiki/Entity_classification_election

   The effect of these rules is that a U.S. limited liability company (LLC) or limited liability partnership (LLP) is treated by default as a partnership (or disregarded entity if it has only one owner), whereas a foreign LLP is treated by default as a corporation (if, as is generally the case, all its members have limited liability).

6. Partnership (China) - Wikipedia

   en.wikipedia.org/wiki/Partnership_(China)

   A partnership in the People's Republic of China is a business entity governed by the Partnership Enterprise Law [ 1] passed by the Standing Committee of the National People's Congress to authorize and govern partnership enterprises. A partnership is a type of business entity in which partners share with each other the profits or losses of the ...

7. Limited partnership - Wikipedia

   en.wikipedia.org/wiki/Limited_partnership

   v. t. e. A limited partnership ( LP) is a type of partnership with general partners who have a right to manage the business and limited partners who have no right to manage the business but have only limited liability for its debts. [1] Limited partnerships are distinct from limited liability partnerships, in which all partners have limited ...