Congratulations on taking the first step towards becoming a start-up entrepreneur!
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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. |
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