If you’re thinking of forming a business, you might want to look into incorporating. This will give you more flexibility with your legal structure and help protect against lawsuits that can arise from misunderstandings about your company’s name, address or even ownership. Plus it’ll let you enjoy more tax breaks!
Determine which company structure to form.
Now that you’ve decided that it’s time to start your own business, the next step is to determine which company structure to form. There are five main types of limited liability companies:
- Sole Proprietorship
- Corporation (LC)
- Limited Liability Company (LLC)
You can use the information in this article to form a Private Limited Company, register its name with the state, and write up articles of incorporation. If you have any questions about these steps or need help completing them.