Sentences with phrase «form of limited liability»

The China PropCo usually has the legal form of a limited liability company under Chinese laws and is structured either as a Wholly Foreign - owned Enterprise («WFOE») or a Joint Venture Company («JV»).

LLCs have become the state's most popular form of limited liability business entity and are favored by small business owners because it affords them the «managerial flexibility and favorable tax benefits of the partnership, while also providing the conventional limited liability protection of the corporation.»

Not exact matches

Dig Deeper: Choosing the Limited Liability Company as Your Corporate Form Case Study: Why an S Corp Might Be the Better Choice While Turner's story is a compelling one for a smaller, lifestyle business, the truth is that fast - growing businesses that plan to bring on investors or share the ownership of the company with employees may need to consider making the switch to an S corp sooner rather than later.

Settle on which form of ownership is best for you: a sole proprietorship, a partnership, a limited liability company, a corporation, an S corporation, a nonprofit or a cooperative.

Your business's legal form of operation (sole proprietorship, partnership, corporation or limited liability company), when it was founded, the principal owners and key personnel

However, these tax savings apply only to C corporations, and the majority of small business is conducted as one form or another of pass - through entities — partnerships, limited liability companies (LLCs) taxed as partnerships or S corporations.

The second way is for a seller to create a special - purpose vehicle, usually a limited liability company, to which ownership of the tokens, or of rights to the tokens in the form of a SAFT, is transferred.

Excess liability protection is usually in the form of combined single limits, which doesn't set aside a set amount for bodily injury or property damage that the standard auto policy does.

The limited liability protection is one of the main reasons that businesses choose incorporation over other forms of businesses such as sole proprietorships and partnerships.

Carol Topp, CPA explains the benefits of forming your homeschool co-op as a nonprofit corporation and why a leader would want limited liability protection.

The New York Fed will take, through a limited liability company formed for this purpose, control of a portfolio of assets valued at $ 30 billion as of March 14, 2008.

Prior to the consummation of the Formation Transactions described below, our business was operated through our predecessor limited liability company, SoulCycle Holdings, LLC, or SCH, the only members of which were Equinox Holdings, Inc., or EHI, our founders, Elizabeth P. Cutler and Julie J. Rice and trusts for the benefit of their respective families, and a special purpose vehicle formed to hold equity ownership in SCH on behalf of certain SCH employees.

Trusts enjoy, effectively, indefinite longevity (they have a finite existence, but it can be a good long time) and can have limited liability for benficiaries (but not for trustees) and have legal personality (in the form of the trustee) and yet we permit them to pass income through to their benefiaries to avoid tax at the trust level (so that, for example, most mutual fund trusts in Canada pay no income tax - in fact, if you look at their trust indentures, most of them are required to arrange their affairs so as not to pay tax).

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

For more, see The Basics of Forming a Limited Liability Corporation.

Student credit cards offer a number of benefits, among which additional protection in the form of zero fraud liability, miles, cashback points and other incentives, and lower credit limits.

Our correspondent gathered that the new CAMA Act will also creates the «LLP» (Limited Liability Partnership) which is a new form of legal identity for businesses in Nigeria that is targeted at increasing foreign investment in the country; as well as guarantees that Nigerians will be able to register their businesses from anywhere in the country through the e-Registration system that the Senate's amendment gives legal backing.

Horner's group and other reformers also want to close a loophole that allows companies to skirt contribution limits by forming Limited Liability Corporations and giving, in some cases, millions of dollars to candidates.

Meanwhile, Bill Samuels, a co-founder of Effective NY, has urging the commission to investigate millions of dollars in campaign contributions by business interests formed as limited liability corporations.

The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.

They include closing a loophole that allows donors to skirt campaign funding limits by forming multiple limited liability companies, as well as the public financing of campaigns.

They include closing a loophole that allows donors to skirt campaign funding limits by forming multiple Limited Liability Companies, as well as the public financing of campaigns.

CAMA will also creates the «LLP» (Limited Liability Partnership) which is a new form of legal identity for businesses in Nigeria that is targeted at increasing foreign investment in the country; as well as guarantees that Nigerians will be able to register their businesses from anywhere in the country through the e-Registration system that the Senate's amendment gives legal backing.

The annual report shall be in such form as may be prescribed by the board and shall include, but not be limited to: (i) discussion of progress made toward the achievement of the goals set forth in the charter; and (ii) a financial statement setting forth by appropriate categories the revenue and expenditures for the year just ended and a balance sheet setting forth the charter school's assets, liabilities and fund balances or equities.

Excess liability protection is usually in the form of combined single limits, which doesn't set aside a set amount for bodily injury or property damage that the standard auto policy does.

A business may have to complete Form 433 - B if it is a partnership, a corporation, limited liability company (classified as a corporation or other), or another type of entity.

Use the forms that are numbered in the 200 series if you are preparing a bankruptcy on behalf of a nonindividual, such as a corporation, partnership, or limited liability company (LLC).

In order to win, the selected Customer must first correctly answer, unaided, a time - limited, mathematical, skill - testing question to be administered by letter via email, and he or she will be required to sign a standard Declaration and Release Form confirming compliance with the Raffle Rules, acceptance of the Prize as awarded and releasing BBS Securities Inc. / Virtual Brokers from all liability relating to the Raffle.

By participating, each Customer and selected winner agrees: (a) to be bound by these Rules and the decisions of Virtual Brokers, (b) to release and hold harmless Virtual Brokers, its affiliates, subsidiaries, and independent contractors, and their respective directors, officers, employees, agents and representatives including advertising and promotion agencies, from any and all liability for claims / damages including, but not limited to, claims / damages for personal injury, for property damage with respect to acceptance, possession or use or misuse of the Prize or participation in the Raffle; (c) to permit Virtual Brokers to use his / her name, address, city, province, of residence, photograph, video, or any likeness for advertising or publicity purposes without any additional compensation and (d) the winner agrees to sign a Declaration and Release Form to this effect.

Umbrella insurance coverage increases the liability limits on your home, auto, boat or RV insurance but also provides a much broader form of coverage.

The Federal Reserve Bank of New York releases additional information on the three Maiden Lane limited liability companies that were formed to facilitate the merger between JPMorgan Chase and Bear Stearns (Maiden Lane I) and to facilitate the government's financial support of American International Group (Maiden Lane II and III).

An entity formed under state legislation that enables large numbers of investors to become limited partners of a partnership, owning an economic interest in the entity's assets, but sharing in its liabilities only to the extent of their initial investment.

Apparently one of the early mistakes I made when purchasing my rental properties was buying them under my name instead of forming a Limited Liability Corporation to own them.

The limited liability protection is one of the main reasons that businesses choose incorporation over other forms of businesses such as sole proprietorships and partnerships.

Ken presents Forms of Business: Limited Liability Company (LLC) posted at Spruce Up Your Finances, saying, «Discusses the advantages and disadvantages when establishing an LLC for your business.»

MISCELLANEOUS: Any flights forming part of the Dive Travel Package arrangements are subject to the conditions of the carrying airline, which in most cases limit the airline's liability to the passenger in accordance with international law and conventions.

The owners of internationally acclaimed game studios Image & Form and Zoink have joined forces and formed Thunderful, a limited liability company that will wholly own Image & Form and Zoink.

Nuclear power doesn't compete with other energy sources anywhere because it receives massive public subsidies in the form of liability limits enjoyed by no other energy source — not even close.

Subject to the terms of this Agreement, You are granted a limited, nontransferable, royalty - free license to redistribute and sublicense the use of the Programs solely to Authorized End - Users: in object code form only; (ii) as embedded within Your Integrated Product for internal company use, hosted applications, websites, commercial solutions deployed at Your Authorized End Users sites, or shrink - or click - wrapped software solutions; and (iii) pursuant to an end user license agreement or terms of use that: imposes the limitations set forth in this paragraph on Your Authorized End - Users; prohibits distribution of the Programs by Your Authorized End - Users; limits the liability of Your licensors or suppliers to the maximum extent permitted by applicable law; and prohibits any attempt to disassemble the code, or attempt in any manner to reconstruct, discover, reuse or modify any source code or underlying algorithms of the Programs, except to the limited extent as is permitted by law notwithstanding contractual prohibition.

Because an LLC is formed by filing «Articles of Organization» (also referred to as a «Certificate of Organization» or «Certificate of Formation,» depending on state law) which contain a minimum set of required information, a Limited Liability Company Worksheet is a very useful tool in ensuring that you properly prepare for the formation of your LLC.

Forming a business as an LLC or Corporation provides «limited liability» protection, which shields the owner's personal assets from the liabilities of the company.

BLG attorneys provide general corporate counseling to companies at all stages of growth, and our attorneys are committed to meeting all the legal needs of our corporate clients, including establishing and implementing business strategies, forming corporations, limited liability companies, joint ventures and other business entities, and entering into key contractual relationships.

From a corporate perspective, this can range from assisting with the choice of the business medium through which the new venture will be carried on — a private company, a public company, a limited liability partnership or as a sole trader — through to preparing suitable forms of shareholders» agreements or partnership agreements.

Although there is no limit to the list of products that could form the basis of a products liability suit, some of the more common product categories include apparel, asbestos, chemicals, cosmetics, firearms, food (most recently fast food, which has been contended to be at least partly responsible for America's obesity epidemic), machinery and tools, medical products and devices, motor vehicles, pharmaceutical products, recreational products, and tobacco.

These are often limited cases and the form absolves the landlord of liability even in cases where the police act incorrectly.

I see two different forms: A «Certificate of Organization Limited Liability Company» and a «Certificate of Organization Professional Limited Liability Company»

Standard partnerships also lack any liability protection unless you form as an LLP — a limited liability partnership — which insulates each partner from being liable or responsible for the actions of another partner.

BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent memberlimited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent memberLimited, a UK company limited by guarantee, and forms part of the international BDO network of independent memberlimited by guarantee, and forms part of the international BDO network of independent member firms.

Depending on the number of members of your limited liability company and plans for investment and growth, the cost of having an operating agreement drafted and forming your LLC can vary significantly.

Articles of Organization: Document filed with a state's Secretary of State, used to form a limited liability company.