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Are bands legally a company?

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Not sure exactly what you are asking, but the simple answer is "no".

A band is not a 'company' just by forming. Bands can be a number of things, including a hobby. There are a number of steps involved in order to make a band a financial or business entity.

By the same token, band members are not necessarily 'employees', as they could be considered partners, shareholders or even independent contractors.

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