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How to Register company Name in 2020
1. Choose business structure The very first step is to select the business structure your choose of business structure affects the way you file for taxes, your everyday tasks, and how much your personal assets are at risk if your business fails. Because the business structure you choose affects so much, it’s important to choose a business structure suited to you. Below is listed a brief overview of some of the most common business structures. Sole proprietorship: This is the default business structure. If you never select a business structure but operate your business, then you are considered a sole proprietorship. In a sole proprietorship your business and personal assets and liabilities are not separated. Partnership: This is the business structure for two or more people that own a business together. There are various types of partnerships. In a limited Read more…