BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Like a corporation, a limited liability company (LLC) limits the liability of its owners (called members) to the extent of their investment. Like a limited partnership, the LLC passes through all of its profits and losses to its owners without itself being taxed.

Detailed explanation-2: -What is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure for private companies in the United States, one that combines aspects of partnerships and corporations.

Detailed explanation-3: -Cooperative. A cooperative is a business or organization owned by and operated for the benefit of those using its services. Profits and earnings generated by the cooperative are distributed among the members, also known as user-owners.

Detailed explanation-4: -If your LLC has one owner, you’re a single member limited liability company (SMLLC). If you are married, you and your spouse are considered one owner and can elect to be treated as an SMLLC. We require an SMLLC to file Form 568, even though they are considered a disregarded entity for tax purposes.

Detailed explanation-5: -The Ltd, which stands for “private limited company”, has shareholders with limited liability, and its shares may not be offered to the general public. The LLC, or limited liability company, also known as “with limited liability” (WLL), provides limited liability to its owners and follows pass-through income taxation.