Register a New Business

Whether you’re a solopreneur or part of a partnership, we help you choose and set up the right business entity, such as an LLC, C-Corp, S-Corp, or Limited Partnership. Our corporate services offer a wide range of support, from forming a new entity and converting between entity types to handling compliance tasks like FMCSA DOT registration, business licenses, and more.

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Corporate Services

• Compliance: Business entity formation and registration, annual reporting, purchases and business transfers.

Types of Business Entities

Sole Propietorship

• Liability: Single owner entity with unlimited personal liability for business debts.
• Taxes: Business income is reported on the owner's personal tax return.

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Partnership

• Ownership: Two or more people who share profits and losses.
• Liability: Partners are typically personally liable for business debts, though this can vary (e.g., limited partnership).
• Taxes: Profits and losses pass through to the partners' individual tax returns.

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Limited Liability Company (LLC)

• Ownership: One or more owners (members).
• Liability: Owners have limited personal liability for business debts.
• Taxes: Can choose to be taxed as a sole proprietorship, partnership, or corporation.

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Corporations

C-Corporation

• Ownership: Owned by shareholders.
• Liability: A separate legal entity, so owners are not personally liable for business debts.
• Taxes: C Corporation: Taxed separately from its owners, leading to potential double taxation, which implies that the corporation files its taxes separately from its directors and shareholders.

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S-Coporation:

• Allows profits and losses to be passed through to owners' personal income without being subject to corporate tax rates, while still providing limited liability.

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