You have decided to launch your own company, but you don’t know what to do first. We have the answer – you have to choose the type of your future business structure that will fit you best. It is an important choice you’ll need to make right from the beginning.
There are several types of business entities, and each of them is unique. In particular, pay attention to several criteria you need to evaluate: liability, taxation, management, filing requirements, funding, and other formalities.
To help you choose the best structure for your company, we have outlined the most common types of businesses and their main features. Use this chart to find the best structure for your company before you incorporate.