Choose a Business Entity Type
One of the main considerations when selecting a business entity type is protection of the business owner from liability. Other considerations may include transferability of ownership rights, the ability to continue as a business in the event of the death or withdrawal of one or more of the owners, the capital needs of the business, and tax liabilities.
Please Note: The business entity type you select will determine the legal requirements of your business. There are very specific laws pertaining to the regulations with which you as a business owner are required to comply.
Ultimately, you may wish to seek legal counsel or the assistance of a professional accountant.
Compare Business Types
Applications, Forms, Fees & Additional Information
Trust Company