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Tax tips: Limited liability companies

Question: Two of my friends and I are starting a new business and have been advised by our attorney to form a Limited Liability Company. Please explain how this type of entity is taxed? Answer: State ... read more

Purported Assignment of Limited Liability Company Interest Impacts Jurisdiction Under Conspiracy Theory of Jurisdiction

In Perry v. Neupert, the Delaware Court of Chancery found that it could exercise personal jurisdiction over a Liechtenstein entity under the conspiracy theory of jurisdiction. In reaching this ... read more

Reducing Moral Hazard at the Expense of Market Discipline: The Effectiveness of Double Liability before and during the Great Depression

The size and severity of the 2008 financial crisis have been tied to excessive risk taking by banks, which was enabled by the poor incentives that arise under limited liability and public deposit ... read more

What Is Limited Liability and Why It Is Important?

The best way to explain limited liability is this - you risk what you put in. In other words, limited liability is a way to make sure that a person who is engaging in business does not risk his or her ... read more

Dissolving a limited liability company

Question: Our company is in huge loss and almost all our capital is lost. We are unable to invest further. Out of the four partners, two left the country and decided not to come back. Can we leave the ... read more

Setting Up a Limited Liability Partnership in India

Foreign direct investment (FDI) in limited liability partnership (LLP) has opened new avenues of opportunities for many foreign companies to enter India. An LLP is essentially a hybrid form of ... read more

Jersey Introduces Limited Liability Company Legislation

LLCs are a very flexible structure. They are very widely used in the US across a range of areas including holding companies and fund structures which is what they will most likely be used for in ... read more

Company Overview of Limited Liability Company "Surgutmebel"

Limited Liability Company "Surgutmebel" is based in Surgut, Russia. Limited Liability Company "Surgutmebel" operates as a subsidiary of "Surgutneftegas" Open Joint Stock Company. Limited Liability ... read more

Piercing the corporate veil: Sometimes limited liability isn’t so limited

Entrepreneurship is exhilarating. You get to provide the community with a valuable product or service—something that makes peoples’ lives easier, happier, or better. And best of all, the more value ... read more

Time to recalibrate limited liability and social subsidy

The recent discussion of businesses with purpose (“ BlackRock’s Fink urges CEOs to tackle social issues”, January 17; “ Beyond the bottom line”, January 5) led me to reflect on limited liability; a ... read more

Key Executives for SOCAR-AQS Limited Liability Company

Only a company representative may request an update for the company profile. Documentation will be required. To contact SOCAR-AQS Limited Liability Company, please visit . Company data is provided by ... read more

How to form an LLC (Limited Liability Company)

A Limited Liability Company, or an LLC, is a relatively new business structure, that first appeared in Wyoming in 1977, and is now recognized by every State's statute and the IRS. An LLC is neither a ... read more