Ticket 1 Enterprises (firms) field of activity and its main characteristics

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1.Limited liability companies-
Limited liability company is a company charter fund of which parts on parts participants carry responsibility within the limits of holdingsA limited liability company shall be recognized as an economic company founded by one or several persons, whose authorized capital (authorized fund) is divided into shares of the sizes determined by the constituent documents.A limited liability company (LLC) is a business entity that prevents individuals from being liable for the company's financial losses and debt liabilities. In the event of legal action or business failure, liability is assumed by the company rather than its constituent partners or shareholders.A private limited company can be used as a structure for any type of business, for example, a plumber, hairdresser salon, photographer, law firm, dental practice, accountant, or restaurant. A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.While the limited liability feature is similar to that of a corporation, the availability of flow-through taxation to the members of an LLC is a feature of a partnership rather than an LLC.The limited liability company (LLC) is a corporate structure that protects its owners from being personally pursued for repayment of the company's debts or liabilities.Regulation of LLCs varies from state to state.Any entity or individual can be a member of an LLC with the notable exceptions of banks and insurance companies.LLCs do not pay taxes on their profits directly.Their profits and losses are passed through to members, who report them on their individual tax returns.Limited liability companies are permitted under state statutes, and the regulations governing them vary from state to state. LLC owners are generally called members.