Congratulations on taking the first step towards becoming a start-up entrepreneur!
There are 3 types of entities that you can consider:
1. Sole proprietorship - least regulatory compliance; easy to set up; can be changed later to partnership or company when the business has grown; unlimited liability is a drawback
2. Partnership - when you have at least one other partner to do business together; liability may be limited by setting up a limited liability partnership
3. Company - significant regulatory compliance; liability limited to paid-in capital
Contact us and we can help you to quickly register or incorporate your business.