- provides a way of incorporating a group as a legal entity, which can hold contracts, employ people, own property, open a bank account and trade. It also provides limited liability to protect the Members and Directors as individuals. Typical legal structures used by social enterprises include:
- A structure that was constructed in compliance with all City ordinances and regulations that were applicable at the time of construction.
- There are many types of business entity defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability company and other specialized types of organization. Some of these types are listed below, by country.
legal structure
- a commercial or industrial enterprise and the people who constitute it; “he bought his brother’s business”; “a small mom-and-pop business”; “a racially integrated business concern”
- occupation: the principal activity in your life that you do to earn money; “he’s not in my line of business”
- A person’s regular occupation, profession, or trade
- An activity that someone is engaged in
- A person’s concern
- commercial enterprise: the activity of providing goods and services involving financial and commercial and industrial aspects; “computers are now widely used in business”
business
legal structure of a business – Business Legal
Business Legal Structures: Compared and Explained
This second edition includes the 2013 tax changes. What form is best for your business? Should it be one of the corporate forms or one of those that is not a corporation? This text will give you the facts and the comparisons that will help you make that choice. It should at the very least, give you the basic information so you can understand the issues that affect that choice. In addition, this writing is intended to list the basic information about US business structures every attorney and CPA wishes his or her new client already understood when first seeking help turning a worthwhile business plan into a smooth running profit making machine. The table of contents lists the types of business legal structures available to the entrepreneur for doing business in the US. Note that business structures have either a corporate or a non-corporate legal form. Take a quick look at the comparison of business types appearing in Chapter 1: Business Entities Compared. It is an easy to understand summary of the major considerations in choosing a form for a business. That page, for each type, lists the owner; personal liability; taxation and management features of each type. The later chapters of this writing discuss the details and the major issues that apply to each of business legal structure listed in that first chapter. All USA businesses are legal entities authorized defined, created, and registered according to the individual state laws of the state where the business is located. Although similar, there are important differences among the states. A great deal of shopping for a favorable business home does in fact take place because of those differences. However, there is a requirement for all businesses to register in any state where it has operations. That is the subject of Chapter 15: Doing Business in Other States. The appendix provides links to all 50 state departments Involved in forming a business. It includes all state’s secretary of state business records departments; state taxation departments; security departments; and corporate and business laws.
Starting a Small Business Seminar
The Peters Township Public Library and Small Business Development Center (SBDC) of the University of Pittsburgh presented a “Mechanics of Starting a Small Business” Seminar on Thursday, October 14 from 6:00-8:30 p.m. at the library. Conducting this free seminar was Lindsey Biddle of the University of Pittsburgh SBDC Institute of Entrepreneurial Excellence. She was joined by Ed Nemeth of the Washington County Council on Economic Development, who discussed finding financing for your small business. Mary Gibson, an attorney for Southwestern PA Legal Services, presented information about legal structures for your small business.
Legal Research Building
The William W. Cook Legal Research Building is located on the south side of the Law Quad. It is the largest and most elaborate of the structures, butressed and with four towers. Its cheif feature is the well appointed reading room.
legal structure of a business
This book makes the Business Associations or Corporations course accessible to students whether or not they already know anything about business. In a conversational tone, the original text and problem emphasize the legal issues that 99% of lawyers will encounter in their professional career. The book is organized around the life-cycle of a business. And while it includes landmark cases, the focus is on the legal issues encountered when starting a business, growing a business, and ending a business. This is the only current casebook for an introductory course in business associations that is co-authored by a business school professor. The book thus consistently and clearly provides students with the business context for understanding the legal issues explored.
LEGAL STRUCTURE OF A BUSINESS. OF A BUSINESS 