Читать книгу Start Your Own Corporation - Garrett Sutton - Страница 14

To succeed in business, to protect your assets and to limit your liability, you want to select from one of the good entities, structures that are truly separate legal beings. They are:

• C corporations

• S corporations

• Limited liability companies (LLCs)

• Limited partnerships (LPs)

Each one has its own advantages and specific uses. Each one is utilized by the rich and the knowledgeable in their business and personal financial affairs. And, depending on your state’s fees, each one can be formed for $800 or less so that you can achieve the same benefits and protections that sophisticated business people have enjoyed for centuries. But beware of promoters claiming they can incorporate you for $99 or less. We will discuss the consequences of using such services in Chapter 18.

Before we discuss the relative strengths of corporations, LLCs, and LPs, it is important to know the language of each. While their basic structure is similar, the terms for each structural facet are different. Here then is the language for the good entities.