What types of business entities can be registered with the Secretary of State?

The District of Columbia Secretary of State provides a range of options for individuals and groups looking to register their business entities. The types of business entities that can be registered include corporations, limited liability companies (LLCs), partnerships, limited partnerships, and nonprofit organizations. Corporations can be for profit or nonprofit in nature. For profit corporations focus on generating income for their shareholders, while nonprofit corporations aim to serve public purposes without the intention of distributing profits. Limited liability companies, or LLCs, combine the benefits of both corporations and partnerships, offering flexibility in management and limited liability protection for their owners. Partnerships and limited partnerships are also recognized, where a general partnership involves two or more individuals managing the business together, while a limited partnership includes both general and limited partners, with the latter having limited input in management. Nonprofit organizations focus on charitable, educational, or social purposes and must adhere to specific regulations. To explore more details about the registration process and requirements for each type of business entity, it is useful to visit the official web page related to the District of Columbia Secretary of State.