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A business owned by one person with no distinct legal separation from the owner.

A business owned by two or more individuals sharing profits, losses, and legal liabilities.

A partnership with at least one general partner with unlimited liability and limited partners with liability capped to their investment.

A hybrid entity blending the liability protection of a corporation with the tax efficiencies of a partnership.

A separate legal entity owned by shareholders, offering liability protection but subject to double taxation.

A special type of corporation that meets specific IRS criteria and offers pass-through taxation to its owners.

A corporation for individuals offering professional services, subject to regulatory body oversight.

An organization owned by the users of its services who benefit from its surplus.

An entity organized for a public or mutual benefit other than generating profit for owners or investors.