Skip to content

Choosing the Right Entity for Your New Business

Choosing the Right Entity for Your New Business.

Forming a business is difficult. On top of concentrating on what will make or break your business, you also have to consider the type of legal business to form. Making the correct decision requires careful thought.

Some questions you may have to consider are:

  1. Where should I incorporate (hint: it may not always be Florida)?
  2. Should I choose a pass through entity for tax purposes?
  3. Am I, or all of the owners, United States citizens? Are they even required to be? There are lots of visa options for foreign business owners.
  4. Will I want to have voting and non-voting owners?

Each of these issues depend on several factors that should be discussed with an attorney well-versed in issues concerning corporate law.

Follow us at servingtheworld.net for more in-depth blog-posts discussing these, and many other fascinating topics regarding corporate law.

**The contents of this website are intended to convey general information only and not to provide legal advice or opinions. The contents of this website, and the posting and viewing of the information on this website, should not be construed as, and should not be relied upon for, legal or tax advice in any particular circumstance or fact situation. The information presented on this website may not reflect the most current legal developments. No action should be taken in reliance on the information contained on this website and we disclaim all liability in respect to actions taken or not taken based on any or all of the contents of this site to the fullest extent permitted by law. An attorney should be contacted for advice on specific legal issues.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: