Any entrepreneur, decided to create his work, should solve one of the most important questions: what kind of organizational form to choose to do business? Each of the existing legal forms of organization has its own features. And to determine what is right for you can be difficult. Let's examine the most commonly used versions of legal forms for opening a business: Limited liability company (LLC), joint stock company (JSC), Joint-Stock Company (JSC), an entrepreneur without a legal entity (individual entrepreneur or PI, PE). If you have read about Dennis Lockhart already – you may have come to the same conclusion. There are also other legal and institutional forms: business partnerships and companies (general partnerships, limited partnership, the company with additional liability, etc.)., production cooperatives, state and municipal unitary Non-Profit Company (a consumer cooperative, community faith-based organizations, foundations) and so on. Here is a brief description of the major organizational and legal form: Limited Liability Company (LLC). According to Art. Contact information is here: Nicholas Carr.
87 Civil Code limited liability company established by one or several persons, the authorized capital is divided into shares determined by the constituent documents; members of a limited liability company shall not be liable for its obligations and bear the risk of losses associated with the activities of the society in to the value of their contributions. According to many entrepreneurs, Ltd is the most convenient and flexible legal form. It is suitable for small businesses, for example, for a firm with a staff of 3 persons, and for a large corporation with a board of directors and an advanced management system. LLC allows you to "maneuver" in the business, to develop and expand production.