non-corporate entities

Non-corporate entities are organizations that are not structured as corporations. Examples include sole proprietorships, partnerships, and limited liability companies (LLCs). These entities usually have simpler legal and tax requirements, and their owners often directly manage the business. Unlike corporations, which are separate legal entities, non-corporate entities typically offer more flexibility but may have different liability protections. They are commonly used by small businesses, professionals, or groups starting ventures without forming a formal corporation. Overall, they provide a way to operate a business with fewer formalities while still legally existing and conducting commerce.