# Business Entity Classification [List of legal entity types by country](https://en.wikipedia.org/wiki/List_of_legal_entity_types_by_country#United_States) - [[Corporate tax in the United States]] ## Types - [[Corporation]] - [[Private company]] - [[Public company]] - Non-profit - 501(c)(3) - For profit - [[Flow-through entity]] - [[LLC]] - Low-profit limited liability company - [[Partnership]] - Limited Partnership - Limited Liability Partnership - Limited liability limited partnership - General Partnership - [[Sole proprietorship]] - [[Trade name]] (DBA) - [[S corporation]] - Multiple Entities - Holding company - Parent company - Subsidiary - Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary will be required to follow the laws where it is headquartered and incorporated. It will also maintain its own executive leadership. - Corporate group - [[Multi-national corporation]] - Unincorporated association - [[Cooperative]] - [[Labor union]] - Benefit corporation