If you are starting a business, or expanding or re-structuring an existing business, there are a variety of options to consider, including:
There are various benefits and drawbacks for each choice of business organizational form. Some important factors to determine the type of entity that is likely to be most advantageous for a specific situalion include:
Insulation From Liability
Capitalization & Liquidity
Governance & Decision Making
Privacy Concerns & Disclosure Requirements
In California, most business forms pay a minimum ($800) annual tax and are subject to a complex set of taxation and other regulations.
Click on one of the organization category buttons above for a more detailed discussion.