Business Entity: Glossary Definition

Definition of Business Entity:

A legal organization that possesses a separate existence from its owners.  Some types of business entities include corporations and limited liability companies (LLCs), limited partnerships and limited liability partnerships (LLPs).

Comments are closed.

Ask an expert!

Today’s Question — Saturday, February 4

Must my corporation’s name end in “Inc.”?

No, you can typically choose from “Inc.”, “Incorporated”, “Corp.”, “Corporation”, “Limited” and similar names and abbreviations to indicate to the public that the entity is a corporation. The law varies from state to state and should be considered when forming your corporation. However, corporations do typically need to use one of these words or abbreviations.

Phone: 888.237.3410 (24/7)     |     Fax: 888.331.0558     |     CustomerService@FilingsMadeEasy.com     |       

About     |     Terms of Use     |     Privacy Policy by TRUSTe     |     Login

© Copyright 2012 Corporate Filing Solutions, LLC.