One entity, one pool of assets
Single limited liability company
The form this page describes and the one almost every St Vincent LLC takes. One entity, one set of members holding interests in one pool of assets, managed by the members themselves or by the managers the agreement names, and outside the local tax system for as long as its business stays abroad.
- Members hold
- A membership interest, in one class or several, and never a share
- Liability
- Limited: no member or manager answers for the LLC’s debts
- Management
- The members themselves, or the managers the agreement names
- Chosen for
- Holding, consulting, joint ventures and founder-and-investor arrangements
- Name ends with
- Limited Liability CompanyLLC