Twenty-five young investors decided that they want to start a dating service; however, they do not want to be held personally liable for losses of the company. they want to avoid double taxation. which type of business organization would best fit the needs of these individuals?

The type of business organization that will fit the needs of these individuals is Limited Liability Companies. Limited Liability Companies is also known as LLC. LLC are companies where the investors of the companies are not liable to it’s loses from the company’s debts. Limited liability company owners are called members.