legal forms of organization

37
Type of Organizat ion Legal Entit y? Owner’ s Liabil ity Entity Files Return Entity Pays Taxes Owner Pays Tax On Legal Forms of Organization

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Page 1: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Legal Forms of Organization

Page 2: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship

Legal Forms of Organization

Page 3: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No

Legal Forms of Organization

Page 4: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim.

Legal Forms of Organization

Page 5: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No

Legal Forms of Organization

Page 6: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No

Legal Forms of Organization

Page 7: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Legal Forms of Organization

Page 8: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership

Legal Forms of Organization

Page 9: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No

Legal Forms of Organization

Page 10: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim.

Legal Forms of Organization

Page 11: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes

Legal Forms of Organization

Page 12: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No

Legal Forms of Organization

Page 13: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Legal Forms of Organization

Page 14: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

Legal Forms of Organization

Page 15: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No

Legal Forms of Organization

Page 16: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Legal Forms of Organization

Page 17: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes

Legal Forms of Organization

Page 18: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No

Legal Forms of Organization

Page 19: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

Legal Forms of Organization

Page 20: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation

Legal Forms of Organization

Page 21: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes

Legal Forms of Organization

Page 22: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim.

Legal Forms of Organization

Page 23: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes

Legal Forms of Organization

Page 24: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes

Legal Forms of Organization

Page 25: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

Legal Forms of Organization

Page 26: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation

Legal Forms of Organization

Page 27: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes

Legal Forms of Organization

Page 28: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim.

Legal Forms of Organization

Page 29: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes

Legal Forms of Organization

Page 30: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No

Legal Forms of Organization

Page 31: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

Legal Forms of Organization

Page 32: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC

Legal Forms of Organization

Page 33: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes

Legal Forms of Organization

Page 34: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim.

Legal Forms of Organization

Page 35: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim. Yes

Legal Forms of Organization

Page 36: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim. Yes No

Legal Forms of Organization

Page 37: Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim. Yes No Profits

Legal Forms of Organization