|
 Sole Proprietorship | General Partnerships | Joint Venture | Limited Partnership | Limited Liability Partnership | Limited Liability Company | Corporation | S-Corporation
|
|
 Let's not forget those men and women serving our GREAT COUNTRY!!!
|
Limited Liability Partnership
Some states, such as California, allow attorneys and accountants to operate their practices as Limited Liability Partnerships. This is a General Partnership that elects to be treated as a corporation by registering with the Secretary of State. Limited Liability Partnerships offer an attractive alternative for attorneys and accountants since it shields the partners from vicarious liability, can operate much like a corporation, and is afforded full partnership tax treatment. Although, with certain exceptions, the Limited Liability Partnership is only available to attorneys and accountants that operate within certain states.
2003 Copyright CorpWorld, Inc., All Rights Reserved
CorpWorld, Inc. cannot provide Legal Advice. CorpWorld is only a document filing service.
 |