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| Form an LLC or Corporation | ||
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Generally, if you do not file to form your business as an LLC or Corporation, the entity type of your business is decided for
you. If there is only one owner, it is a Sole Proprietorship by default. And if there are multiple owners, it is a General
Partnership. Minimal paperwork can be a benefit with these default entity types, but they also leave your personal assets at
risk. Filing to form an LLC or Corporation separates your personal assets from your business. So if your business is ever sued by a creditor or unhappy customer, you are at less risk of losing your home or other personal assets because of it. Plus, with an LLC or Inc. after it, your business instantly looks more professional to customers, vendors, investors, and peers. Average completion time of the form is less than 5 minutes. Begin your LLC Formation or Incorporation filing today. Start Now |
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