One of the most important steps when forming a business is selecting the type of entity. There are several options to choose from:
- Limited or General Partnership
- Limited Liability Company
- C Corporation
- S Corporation.
Each of these options have differences yet they each provide limited liability for business debts and obligations. The type of business entity depends on several factors including:
- the nature of the business,
- the business size,
- operation locations
- annual revenues
- tax treatment
- future growth potential
Sepahi Law Group has the knowledge and expertise to assist in deciding which business entity is right for your business. For assistance selecting the right corporate structure for your business, contact Sepahi Law Group.