business

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Related to Business entity: Legal entity

business

1. an industrial, commercial, or professional operation; purchase and sale of goods and services
2. a commercial or industrial establishment, such as a firm or factory
3. commercial activity; dealings (esp in the phrase do business)
4. volume or quantity of commercial activity
5. commercial policy or procedure
6. Theatre an incidental action, such as lighting a pipe, performed by an actor for dramatic effect
7. a group of ferrets
References in periodicals archive ?
In case you sold your shares in your business entity to another person, then it is the responsibility of the business entity to pay the rent to the owner of the shop.
Legal services provided by either of them are liable for payment of GST under reverse charge by the business entity.
A business entity would be considered resident in a tax jurisdiction if, under the jurisdiction's laws, the business entity is liable to tax based on place of management, place of organization, or other similar rules, but not just because it is liable for tax on income or capital located there.
The technology audit of the proposed object of commercialization, preliminary market research and evaluation of the project on the following criteria: technical feasibility of the project, stage of development, economic effect of the project realization (for a business entity and for the university).
Nissan Motor Company (NASDAQ: NSANY)(TYO: 7201), a Japan-based automaker, has established a new business entity called PT.
A limited liability company (LLC) is a statutory business entity that may be formed by at least two members (although one-member LLCs are permitted in some states) by drafting articles of organization and filing them with the appropriate state agency.
As a result, the value of any interests held by one business entity in another business entity (e.
For private companies formed before the limited liability company (LLC), the corporation was typically the business entity of choice.
It was once a hassle for businesses to fill out their business entity reports, sign them and then file them with my office in Indianapolis.
VENDEX procedures require all contractors (and subcontractors) on public contracts to complete Business Entity and Principal questionnaires before a contractor will be awarded a job.
7701-3(a), a business entity that is not automatically classified as a corporation can elect its classification for federal tax purposes.
The final regulations also clarify that "affected taxpayer" includes any business entity or sole proprietor with a principal place of business in a covered disaster area.

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