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As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5] Although LLCs and corporations both possess some analogous features, the basic terminology commonly associated with each type of legal entity, at least within the United States, is sometimes different.
t. e. A Massachusetts Business Trust ( MBT) is a legal trust set up for the purposes of business, but not necessarily one that is operated in the Commonwealth of Massachusetts. They may also be referred to as an unincorporated business organization or UBO. Business trusts may be established under the laws of other U.S. states.
register or a list of a specified type of regulated entities or activities — contains entries on companies officially authorized to perform a specified type of business, where prior obtaining of a permit, a license, a concession, or registration on such a list or register is a prerequisite required by law. Depending on situation, regulation ...
An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.
Mass General Brigham. / 42.347414; -71.081904. Mass General Brigham is a not-for-profit, [5] integrated health care system [6] that is a national leader in medical research, [7] teaching, [8] and patient care. It is the largest hospital-based research enterprise in the United States, with annual funding of more than $2 billion. [9]
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 ...
Companies based in Massachusetts 0–9. 2 Minute Medicine; A. Actifio; Akamai Technologies; American Outdoor Brands Corporation; Analog Devices; Analysis Group; Arbella Insurance Group; athenahealth; Au Bon Pain; Avedis Zildjian Company; B. Bad Martha Brewing Company; Bain Capital; Baskin-Robbins; BBN Technologies; Berkshire Bank; Bertucci's ...
A corporation is capable of continuing indefinitely. Its existence is not affected by the death of shareholders, directors, or officers of the corporation. Ownership in a Corp. or LLC is easily transferable to others, either in whole or in part. Some state laws are particularly corporate-friendly.
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