What are the types of companies in the United States Minor Outlying Islands?

There are various types of companies in the United States Minor Outlying Islands. These include:

1. Joint Stock Company (Corporation): This type of company has a structure where shares can be bought and sold publicly and the company is protected from unlimited liability.

2. Limited Liability Company (LLC): In this type of companies, partners have limited liability for the debts of the company. The company's decisions are made by the partners, and the company's tax liabilities are also reflected on the partners.

3. Partnership: In this type of companies, partners share the profits and losses of the company. Partners have unlimited liability for the company's debts.

4. Sole Proprietorship: In this type of company, the owner of the business takes all the decisions of the company and the company's income and debts are combined with his personal income and debts.

5. General Partnership: In this type of companies, the partners make the company's decisions together and share the company's profits and losses. Partners have unlimited liability for the company's debts. These company types are used at the discretion of companies operating in the United States Minor Outlying Islands.

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