The most common and traditional unincorporated entities are sole traders, partnerships, and trustees of trusts. Modern unincorporated entities include
limited partnerships (but not incorporated limited partnerships),
limited liability partnerships (but not UK Limited Liability Partnerships, which are corporations),
Limited liability limited partnerships, and
limited liability companies.
Unincorporated societies and clubs are also unincorporated entities. An unincorporated entity will generally be a separate entity for accounting purposes, but may or may not be a separate legal entity. For example, partnerships in England and Scotland are separate entities for accounting purposes, but while English partnerships are not separate legal entities, in Scotland they are separate legal persons. (but are not regarded as corporations). ==Australia==