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We help with the process of choosing the legal structure for a business.

General Partnership (GP)

All partners are equally responsible for managing the business and are personally liable for its debts.

Limited Partnership (LP)

One or more general partners (with full liability) and one or more limited partners (with liability limited to their investment).

Limited Liability Company (LLC)

A hybrid entity combining the characteristics of a corporation and a partnership. It provides flexibility and protects the owners from personal liability.

Corporation (C-Corp)

A legal entity separate from its owners, with its own rights and obligations. Shareholders own the company, and the company is managed by a board of directors.

S Corporation (S-Corp)

A special type of corporation that has elected to pass corporate income, losses, deductions, and credits through to shareholders for federal tax purposes.

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Key Factors to Consider When Choosing a Business Entity

Liability Protection
Taxation
Management Structure

Choosing the right business entity depends on your business’s goals, size, risk tolerance, and tax situation. Consulting with legal and financial professionals is recommended to help you navigate the complexities and make an informed decision tailored to your specific needs.