You must ensure which kind of entity is the best legal and tax approach for your business.

There are many types of business entities, so it is very important to choose the one that works better for your plans. Possible choices include the sole proprietorship, the partnership, the popular limited liability company, and the corporation (c-corporation and s-corporation).

On the formation stage, you should decide the tax status that works best for your specific situation, along with the organizational structure that is most compatible with your business plan, and which entity will protect your personal assets from business creditors.

• Starting your business.
• Creating an investment company.
• Incorporating small businesses or big ventures.
• Forming an asset protection structure.
• Business co-owned by spouses.
• Single member company.
• Crossing borders and bringing your foreign business to the U.S.
• Moving to the U.S. to start a new investment company that requires a visa.

Choosing your initial legal structure is one of the most important decisions you’ll make!

Selecting your type of entity will determine the way you pay taxes, and which formalities you will need to follow. You will also need to know the required reports and formalities for non-residents, and many more consequences for your business. With all these issues to consider, you’ll want to make your choice as carefully as you can.

Start your business with the right decision – Evolve with us! We are committed to guiding you on your incorporation according to your specific business situation, and we will help you choose the correct entity, the right state, and the appropriate tax status for your unique case.