Liability Company in a sentence
Synonym: limited liability company, business entity.
Meaning: A type of business structure that protects its owners from personal liability for business debts; often referred to as LLC.
(1) LLC stands for Limited Liability Company.
(2) A liability company is a type of business entity.
(3) A legal person can be a limited liability company.
(4) The business registered as a limited liability company.
(5) A limited liability company can have perpetual existence.
(6) A liability company can have its own liability insurance.
(7) A limited liability company can have a perpetual existence.
(8) A limited liability company can have a unique business name.
(9) The limited liability company is a hybrid business structure.
(10) A liability company can be formed by one or more individuals.
Liability Company sentence
(11) A liability company can have its own legal name and branding.
(12) The owners of a limited liability company are called members.
(13) The limited liability company is a popular choice for startups.
(14) A liability company can be dissolved voluntarily by its owners.
(15) The liability company structure allows for pass-through taxation.
(16) A liability company can have a single-member or multiple members.
(17) A liability company can have its own intellectual property rights.
(18) The liability company's profits are distributed among its members.
(19) A liability company can have different profit-sharing arrangements.
(20) A liability company can have its own business licenses and permits.
Liability Company make sentence
(21) The limited liability company offers tax advantages to its members.
(22) The limited liability company is governed by an operating agreement.
(23) A liability company can be dissolved involuntarily by a court order.
(24) A liability company can have different voting rights for its owners.
(25) The liability company structure is commonly used by small businesses.
(26) A limited liability company can have a board of directors or managers.
(27) A liability company can be taxed as a partnership or as a corporation.
(28) A liability company can have different classes of ownership interests.
(29) A liability company can have separate legal existence from its owners.
(30) The limited liability company is subject to state laws and regulations.
Sentence of liability company
(31) The limited liability company is a widely recognized business structure.
(32) A liability company provides limited liability protection to its owners.
(33) The limited liability company is a separate legal entity from its owners.
(34) A limited liability company can have a single member or multiple members.
(35) The limited liability company provides liability protection to its owners.
(36) A limited liability company can be dissolved voluntarily or involuntarily.
(37) The limited liability company is a separate legal entity for tax purposes.
(38) A liability company can be managed by its owners or by appointed managers.
(39) The limited liability company structure is popular among small businesses.
(40) The limited liability company structure provides flexibility in management.
Liability Company meaningful sentence
(41) The liability company's owners enjoy the benefits of pass-through taxation.
(42) The limited liability company is a flexible and scalable business structure.
(43) A liability company can have its own bank accounts and enter into contracts.
(44) The liability company was formed to minimize financial risk for its members.
(45) The liability company's members have limited liability for any legal issues.
(46) Starting a limited liability company requires filing the necessary paperwork.
(47) A limited liability company can be formed by individuals or other businesses.
(48) A limited liability company can have different voting rights for its members.
(49) A liability company can have its own credit history and financial statements.
(50) The limited liability company structure allows for flexibility in management.
Liability Company sentence examples
(51) A limited liability company can have different classes of ownership interests.
(52) The limited liability company is a popular choice for real estate investments.
(53) A limited liability company can have a flexible profit distribution structure.
(54) A liability company can be converted into a different type of business entity.
(55) The limited liability company offers protection to its owners' personal assets.
(56) The liability company's owners can be individuals, corporations, or other LLCs.
(57) The limited liability company can have its own bank account and credit history.
(58) The liability company's owners can transfer their ownership interests to others.
(59) The liability company's owners can be exempt from certain taxes and regulations.
(60) A limited liability company is a popular business structure for small businesses.
Sentence with liability company
(61) A limited liability company can be converted into a different business structure.
(62) A liability company can have restrictions on the transfer of ownership interests.
(63) The liability company's owners are not personally liable for the company's debts.
(64) John and Sarah decided to form a limited liability company for their new venture.
(65) The limited liability company can have different classes of membership interests.
(66) The limited liability company provides limited liability protection to its owners.
(67) A liability company can have its own annual reporting and compliance requirements.
(68) The business partners used a quitclaim to dissolve their limited liability company.
(69) A limited liability company can choose to be taxed as a partnership or a corporation.
(70) The limited liability company is a popular choice for professional service providers.
Use liability company in a sentence
(71) The liability company's owners can be held responsible for any fraudulent activities.
(72) The liability company's owners can be required to file annual reports with the state.
(73) The limited liability company can be dissolved if the members decide to terminate it.
(74) The liability company's owners can be both residents and non-residents of the country.
(75) The liability company's owners can be liable for their own actions within the company.
(76) The liability company's owners can be eligible for certain tax deductions and credits.
(77) The limited liability company is not required to hold annual meetings or keep minutes.
(78) The limited liability company is required to maintain proper records and documentation.
(79) The liability company's owners can be required to maintain adequate insurance coverage.
(80) The limited liability company can choose to be taxed as a partnership or a corporation.
Sentence using liability company
(81) The limited liability company can have perpetual existence, even if the members change.
(82) The limited liability company can be owned by individuals, corporations, or other LLCs.
(83) A juridical person can be a partnership, a limited liability company, or a cooperative.
(84) The liability company's operating agreement outlines the responsibilities of its owners.
(85) The liability company's owners can be held accountable for any negligence or misconduct.
(86) The liability company's owners can be required to obtain necessary licenses and permits.
(87) The limited liability company can have a board of managers or be managed by its members.
(88) The company is looking to convert ownership of its assets to a limited liability company.
(89) The business structure of a limited liability company provides personal asset protection.
(90) The liability company's owners can be required to hold regular meetings and keep minutes.
Liability Company example sentence
(91) The limited liability company can be a suitable choice for professional service providers.
(92) The income summary account is closed to the capital account in a limited liability company.
(93) Pool investments can be structured as a limited partnership or a limited liability company.
(94) The company decided to assume the form of a limited liability company for legal protection.
(95) The liability company's owners can be personally liable if they personally guarantee a loan.
(96) The liability company's owners can be shielded from personal liability in case of a lawsuit.
(97) The liability company's owners can be required to comply with specific industry regulations.
(98) The liability company's owners have the flexibility to choose their own management structure.
(99) The liability company's owners can be responsible for maintaining accurate financial records.
(100) The liability company's owners can be required to disclose certain information to the public.
Sentence with word liability company
(101) The limited liability company can be converted into a different business structure if needed.
(102) The partners decided to form a limited liability company to minimize their joint liabilities.
(103) The liability company's owners can choose to be active or passive in the company's operations.
(104) The liability company's owners can be protected from personal liability in case of bankruptcy.
(105) The limited liability company provides a shield against personal liability for business debts.
(106) The limited liability company can be formed by filing articles of organization with the state.
(107) The limited liability company provides a clear separation between personal and business assets.
(108) The liability company's owners can have different levels of ownership and decision-making power.
(109) The limited liability company can protect its members from personal liability in case of lawsuits.
(110) The income summary account is closed to the owner's equity account in a limited liability company.
Sentence of liability company
(111) One advantage of a liability company is the flexibility it offers in terms of management structure.
(112) The limited liability company can have a registered agent to receive legal documents on its behalf.
(113) The liability company's owners can be subject to legal action if they breach their fiduciary duties.
(114) The limited liability company can have a unique name that is not already in use by another business.
(115) The income summary account is closed to the retained earnings account in a limited liability company.
(116) When forming a limited liability company, the members have joint liabilities for the company's debts.
(117) The liability company's owners can be required to pay self-employment taxes on their share of profits.
(118) The limited liability company can be a flexible and efficient business structure for various industries.
(119) Limited partnerships can be converted into other business structures, such as a limited liability company.
(120) The company's re-incorporation as a limited liability company provided them with increased legal protection.
(121) A liability company can have operating agreements that outline the rights and responsibilities of its owners.
(122) The limited liability company can distribute profits to its members in proportion to their ownership interests.
(123) The limited liability company is a hybrid business structure combining elements of a corporation and a partnership.
Liability Company meaning
A limited liability company (LLC) is a popular business structure that offers a combination of the benefits of both a corporation and a partnership. It provides limited liability protection to its owners, known as members, while also allowing for flexibility in terms of management and taxation. When using the term "liability company" in a sentence, it is important to ensure that it is used correctly and effectively. Here are some tips on how to use this exact word or phrase in a sentence:
1. Define the term: When introducing the term "liability company" in a sentence, it is helpful to provide a brief definition or explanation.
For example, "A liability company, also known as an LLC, is a legal business entity that combines the limited liability protection of a corporation with the flexibility of a partnership."
2. Use it in context: To demonstrate a clear understanding of the term, it is essential to use it in a sentence that provides context. For instance, "John decided to form a liability company for his new startup, as it offered the perfect balance between personal asset protection and operational flexibility."
3. Highlight its advantages: When discussing a liability company, it is beneficial to mention its advantages or benefits.
For example, "One of the main advantages of a liability company is that it shields the personal assets of its members from business liabilities, ensuring that their personal finances remain protected."
4. Compare it to other business structures: To provide a comprehensive understanding of a liability company, it can be helpful to compare it to other business structures. For instance, "Unlike a sole proprietorship or a general partnership, a liability company offers limited liability protection to its owners, meaning that their personal assets are not at risk in the event of business debts or legal issues."
5. Discuss its formation process: If relevant, it can be useful to mention the process of forming a liability company.
For example, "To establish a liability company, the owners must file the necessary formation documents with the state, including articles of organization, and comply with any additional requirements such as obtaining an employer identification number (EIN)."
6. Mention its tax implications: Another important aspect to consider when discussing a liability company is its tax implications. For instance, "A liability company has the flexibility to choose its tax classification, allowing it to be taxed as a partnership, a corporation, or even a disregarded entity, depending on the preferences and needs of its members."
7. Provide examples: To further illustrate the usage of the term, it can be helpful to provide examples of liability companies in real-world scenarios. For instance, "Many small businesses, such as consulting firms, real estate ventures, and creative agencies, choose to operate as liability companies due to the advantages they offer in terms of liability protection and tax flexibility."
8. Emphasize its legal status: When using the term "liability company," it is important to highlight its legal status as a recognized business entity.
For example, "As a legally recognized business entity, a liability company must comply with state regulations, maintain proper records, and fulfill any ongoing reporting requirements."
In conclusion, when using the term "liability company" in a sentence, it is crucial to provide a clear definition, use it in context, highlight its advantages, compare it to other business structures, discuss its formation process and tax implications, provide examples, and emphasize its legal status. By following these tips, you can effectively incorporate the term into your writing and enhance your understanding of liability companies.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Liability Company. They do not represent the opinions of TranslateEN.com.