Business Entity Types

Business & Finance 60 records updated 2026-07-20

Business Entity Types, with type, abbreviation, country, and notes.

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ID Type Abbreviation Country Notes
1 Limited Liability Company LLC United States Owners have limited liability with pass through taxation.
2 C Corporation Inc United States Corporation taxed separately from its owners.
3 S Corporation Inc United States Corporation with pass through taxation and owner limits.
4 Sole Proprietorship SP United States Unincorporated business owned by one person.
5 General Partnership GP United States Partners share management and unlimited liability.
6 Limited Partnership LP United States Has general partners and limited liability partners.
7 Limited Liability Partnership LLP United States Partners are shielded from most firm liabilities.
8 Professional Corporation PC United States Corporation owned by licensed professionals.
9 Public Benefit Corporation PBC United States For profit firm with a stated public benefit purpose.
10 Nonprofit Corporation NPO United States Formed for charitable or public purposes.
11 Private Limited Company Ltd United Kingdom Shares are privately held and not publicly traded.
12 Public Limited Company PLC United Kingdom Shares may be offered to the general public.
13 Limited Liability Partnership LLP United Kingdom Partnership with limited liability and legal personality.
14 Community Interest Company CIC United Kingdom Uses its assets for community benefit.
15 Designated Activity Company DAC Ireland Private company with a defined set of activities.
16 Gesellschaft mit beschraenkter Haftung GmbH Germany Private limited liability company.
17 Aktiengesellschaft AG Germany Public stock corporation with share capital.
18 Kommanditgesellschaft KG Germany Limited partnership with general and limited partners.
19 Offene Handelsgesellschaft OHG Germany General commercial partnership.
20 Unternehmergesellschaft UG Germany Limited company with a low minimum capital.
21 Aktiengesellschaft AG Switzerland Stock corporation, called SA in French.
22 Gesellschaft mit beschraenkter Haftung GmbH Austria Private limited liability company.
23 Societe a Responsabilite Limitee SARL France Private limited liability company.
24 Societe Anonyme SA France Public limited company with share capital.
25 Societe par Actions Simplifiee SAS France Simplified joint stock company.

Notes