Business Formation and Legal Structure

Entrepreneurs and business minded people must juggle countless tasks and competing priorities well before they open shop, including the creation of a legal structure. Business formation is a necessary early step when starting a business, whether you're registering a simple DBA, incorporating or forming a partnership.

The way in which your business is formed will determine the personal liability of the founders, how taxes are paid, and other important details. For example, a sole proprietor typically makes decisions on her or his own, while a partner in a partnership must get approval from all other partners prior to making major decisions for the company. ASAP specializing in helping you setup one of these main business legal structures:

  • Sole Proprietorship
  • Partnership
  • Limited Liability Company (LLC)
  • Corporation
  • Nonprofit

Tax Information from the IRS

ASAP will help to structure your business with your tax responsibilities in mind for the the short term and long term planning. How you handle this part of your business will determine your profitability and sustainability.