There are many different corporate structures, the sole proprietorship provides ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		dantheman on Nov 22, 2012 \| parent \| context \| favorite \| on: Why tiny Stockholm has the most stunning startup e... There are many different corporate structures, the sole proprietorship provides the limited liability without double taxation.

beagle3 on Nov 22, 2012 [–]

According to http://www.nytimes.com/allbusiness/AB4113314_primary.html (and just about every other source google points me to) , a sole proprietor has unlimited personal liability for the obligations of the business.

What's your source for saying that it provides limited liability?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact