Private limited company including limited companies and US LLCs, are treated as bodies corporate subject to United Kingdom corporation tax if the profits of the entity belong to the entity and not to its members. A limited liability company (LLC) is a relatively new business structure authorized by state statutes. The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the , a type of business organization available in many Latin American countries. In the United States, the first limited liability company act appeared in Wyoming in 1977 as special interest legislation
OFS (Company) OFS (Company) OFS is an American technology company known for designing and manufacturing fiber optic solutions. OFS is part of Furukawa Electric Company that has been in operation since 1884. In 2001, Lucent Technologies' Optical Fiber Solutions business was sold to Furukawa Electric Co. Ltd. The new company became OFS Fitel, LLC, headquartered in Norcross ( near Atlanta), Georgia, USA. In 2010, OFS and Jiangsu Hengtong Optic-Electric Co., Ltd. established a joint venture company in China. This led to the formation of Jiangsu OFS Hengtong Optical Technology Co., Ltd. OFS designs and manufactures optical fiber, fiber optic cable, and other