Unlimited liability corporation
id:
unlimited-liability-corporation-314-831809
title:
Unlimited liability corporation
text:
An unlimited liability corporation (ULC) within Canadian corporate law is a Canadian corporation designation, wherein shareholders are liable up to unlimited amounts for any liability, act or default of the corporation. By comparison, in most corporations, shareholders are not usually liable due to a limited liability model. ULCs can be used by American corporations for tax planning, as ULCs are treated as corporations for Canadian tax purposes but as flow-through entities for American tax purpo
brand slug:
wiki
category slug:
encyclopedia
description:
Canadian corporation designation
original url:
https://en.wikipedia.org/wiki/Unlimited_liability_corporation
date created:
date modified:
2024-03-11T06:53:05Z
main entity:
{"identifier":"Q7897060","url":"https://www.wikidata.org/entity/Q7897060"}
image:
fields total:
13
integrity:
14