What is the norm/ usual practise of USA Company Incorporation other than LLC's, that can have a public holding.Within contiguous USA what is the legal difference between a "Limited" Company and a "Incorporation"/Inc, hence there legal,tax & Managment implications.Pro's only please.
Answer:
"Limited" means limited liability, and is a term used in the UK, but not in the US. State laws generally govern the types of incorporated entities that are recognized in the US, and most States require that 'Inc.', or 'Co.', or 'LLC' be included in the registered name. You should check with your lawyer.
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