Choosing a business entity and business structure is the very beginning and important step for your startup business. Your choice can influence the relationships among your partners, your business’ day-to-day operations, profits and losses, taxes, how to raise capital, assets protection, legal liabilities, etc. You have to know what legal protections and benefits your choice of business entity and structure can give you. There are several common business entities, including sole proprietorship, partnership, corporation (C Corp. or S Corp.), limited liability company (LLC), joint venture, and nonprofit corporation. Which one is the best for your business? It depends on many factors, such as business nature and its risk, availability of capital, business assets, number and residency of shareholders or partners, marketing strategies, financial goals, taxes, personal liabilities, and assets protection. Our legal team with extensive experience in business entities can guide your to pick up the most appropriate business vehicle for your business.