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How Entrepreneurs Need To Plan To Protect Their Business

The Startup Magazine

The legal structure will dictate how your business is taxed, how personal liability is handled, and how you can raise capital. Common business structures include sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Each has its own advantages and disadvantages.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Limited liability company (LLC) – A structure that combines the characteristics of both corporations and partnerships. It protects owners from their debts or liabilities, and each owner has to include a share of the profits/losses in their personal tax returns. Register your business name.

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Why set up a limited company in Hong Kong?

The Startup Magazine

Simple company registration requirements: Hong Kong company formation services are relatively simple. The basic requirements for Hong Kong business incorporation: confirm the company name and structure; confirm the details.

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How To Start Your Own Small Business In 7 Easy Steps

YoungUpstarts

Choose a Name for Your Business. Every business needs a catchy and memorable name so that you stick in the mind of potential customers. You need to make sure that your name is somehow related to who you are or what you do as you want it to be clear what your business is about. Pick a Location.

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Why Entrepreneurs Must Learn to Love Paperwork  

The Startup Magazine

There will be plenty of it early and often during your entrepreneurial journey, but rather than look at it as a headache you should consider the many ways in which it will help protect you, your family, and the company as a whole. Personal asset liability protection is not ironclad.

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How Much Does it Cost to Form an LLC? A Guide For Startups

The Startup Magazine

If you are looking to set up a limited liability company using the least expensive method, you can take this route. LLC Name Reservation. Choosing the right name for your business is not always a walk in the park. Well, there is no state fee for finding the right name for your LLC. Seek Professional Advice.

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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”).

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