Legal Structures for Start-ups

businessstructureshq

For recent start-ups, what business structure have you selected and what was the reasoning. Same question for potential start-ups.

The business I started was a sole proprietorship mainly due to the ease of forming the business. I only need to file my DBA with the secretary of state to begin doing business. I provide professional services didn't require any additional permits.

http://www.businessstructurehq.com

aman1121

I would say it really depends on the type of business as well as where you'er located. Here's a good Quora post that explains it:

http://www.quora.com/Startup-Law-1/What ... iness-type

If you still need help I always say the best way to go about this process is speaking to an experienced startup lawyer. You can check out http://www.lawtrades.com to find some awesome startup lawyers who can give you a free consultation.

businessstructureshq

Aman1121

Not sure that link really helps the conversation regarding start-ups in general. The article title refers to a complex business type. Location really plays not part in your selection. I would advise a business owner to weight each option and to understand what company structure is a good fit. Thanks for the response and I'll have to check out law trades.

http://www.businessstructurehq.com/how- ... structure/

edward222

For me before I start my business I followed the latest tax news in my county so I can track what are the latest tax update, because building a business without planning about taxes will end in a bankrupt.

By the way the site i used is the http://www.offshorenewsflash.com/ they have the latest tax news in many countries.

saravanan

• A company name
• An address for the company 
• At least one director
• At least one shareholder
• The agreement of all the initial shareholders 
• Details of the company’s share and the rights attached to them 
• Written rules about how the company works