Sole Owners

1. Sole Proprietorship: Sole owners of Montana-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Montana Secretary of State is necessary, but it is recommended to register a Assumed Business Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Montana here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Montana you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Montana here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Montana Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Assumed Business Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Montana might be required to foreign qualify in Montana. This rule typically applies to companies looking to open a physical branch in Montana, lease an office or warehouse, hire employees, etc.

Existing Montana Companies

Companies registered in Montana enjoy from a wide spectrum of services provided by the Montana Secretary of State . Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Montana Secretary of State in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Missouri-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Missouri Secretary of State is necessary, but it is recommended to register a Fictitious Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Missouri here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Missouri you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Missouri here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Missouri Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Fictitious Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Missouri might be required to foreign qualify in Missouri. This rule typically applies to companies looking to open a physical branch in Missouri, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Missouri might still be required to obtain Sales Tax License from Missouri Department of Revenue if selling taxable products or services using local dropshippers.

Existing Missouri Companies

Companies registered in Missouri enjoy from a wide spectrum of services provided by the Missouri Secretary of State and Missouri Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Missouri Secretary of State and Missouri Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Mississippi-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Mississippi Secretary of State is necessary, but if you plan to hire employees then you need to obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Mississippi here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Mississippi you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Mississippi here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Mississippi Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Mississippi might be required to foreign qualify in Mississippi. This rule typically applies to companies looking to open a physical branch in Mississippi, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Mississippi might still be required to obtain Sales Tax Permit from Mississippi Department of Revenue if selling taxable products or services using local dropshippers.

Existing Mississippi Companies

Companies registered in Mississippi enjoy from a wide spectrum of services provided by the Mississippi Secretary of State and Mississippi Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Mississippi Secretary of State and Mississippi Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Minnesota-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Minnesota Secretary of State is necessary, but it is recommended to register an Assumed Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Minnesota here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Minnesota you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Minnesota here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Minnesota Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register an Assumed Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Minnesota might be required to foreign qualify in Minnesota. This rule typically applies to companies looking to open a physical branch in Minnesota, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Minnesota might still be required to obtain Minnesota Tax ID from Minnesota Department of Revenue if selling taxable products or services using local dropshippers.

Existing Minnesota Companies

Companies registered in Minnesota enjoy from a wide spectrum of services provided by the Minnesota Secretary of State and Minnesota Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Minnesota Secretary of State and Minnesota Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Michigan-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Michigan Department of Energy, Labor & Economic Growth is necessary, but it is recommended to register an Assumed Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Michigan here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Michigan you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Michigan here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Michigan Department of Energy, Labor & Economic Growth, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Assumed Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Michigan might be required to foreign qualify in Michigan. This rule typically applies to companies looking to open a physical branch in Michigan, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Michigan might still be required to obtain Sales Tax License from Michigan Department of Treasury if selling taxable products or services using local dropshippers.

Existing Michigan Companies

Companies registered in Michigan enjoy from a wide spectrum of services provided by the Michigan Department of Energy, Labor & Economic Growth and Michigan Department of Treasury. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Michigan Department of Energy, Labor & Economic Growth and Michigan Department of Treasury in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Massachusetts-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Massachusetts Secretary of the Commonwealth is necessary, but it is recommended to register a Trade Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Massachusetts here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Massachusetts you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Massachusetts here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Massachusetts Secretary of the Commonwealth, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Trade Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Massachusetts might be required to foreign qualify in Massachusetts. This rule typically applies to companies looking to open a physical branch in Massachusetts, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Massachusetts might still be required to obtain Sales and Use Tax Registration Certificate from Massachusetts Department of Revenue if selling taxable products or services using local dropshippers.

Existing Massachusetts Companies

Companies registered in Massachusetts enjoy from a wide spectrum of services provided by the Massachusetts Secretary of the Commonwealth and Massachusetts Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Massachusetts Secretary of the Commonwealth and Massachusetts Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Maryland-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Maryland State Department of Assessments and Taxation is necessary, but it is recommended to register a Trade Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Maryland here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Maryland you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Maryland here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Maryland State Department of Assessments and Taxation, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Trade Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Maryland might be required to foreign qualify in Maryland. This rule typically applies to companies looking to open a physical branch in Maryland, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Maryland might still be required to obtain Sales and Use Tax License from Maryland State Department of Assessments and Taxation if selling taxable products or services using local dropshippers.

Existing Maryland Companies

Companies registered in Maryland enjoy from a wide spectrum of services provided by the Maryland State Department of Assessments and Taxation . Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Maryland State Department of Assessments and Taxation in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Maine-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Maine Secretary of State is necessary, but it is recommended to register a Trade Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Maine here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Maine you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Maine here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Maine Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Trade Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Maine might be required to foreign qualify in Maine. This rule typically applies to companies looking to open a physical branch in Maine, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Maine might still be required to obtain Seller’s Certificate from Maine Revenue Services if selling taxable products or services using local dropshippers.

Existing Maine Companies

Companies registered in Maine enjoy from a wide spectrum of services provided by the Maine Secretary of State and Maine Revenue Services. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Maine Secretary of State and Maine Revenue Services in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Louisiana-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Louisiana Secretary of State is necessary, but it is recommended to register a Trade Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Louisiana here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Louisiana you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Louisiana here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Louisiana Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Trade Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Louisiana might be required to foreign qualify in Louisiana. This rule typically applies to companies looking to open a physical branch in Louisiana, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Louisiana might still be required to obtain Sales Tax ID from Louisiana Department of Revenue if selling taxable products or services using local dropshippers.

Existing Louisiana Companies

Companies registered in Louisiana enjoy from a wide spectrum of services provided by the Louisiana Secretary of State and Louisiana Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Louisiana Secretary of State and Louisiana Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Kentucky-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Kentucky Secretary of State is necessary, but it is recommended to register an Assumed Name (DBA), and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Kentucky here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Kentucky you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Kentucky here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Kentucky Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register an Assumed Name (DBA), and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Kentucky might be required to foreign qualify in Kentucky. This rule typically applies to companies looking to open a physical branch in Kentucky, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Kentucky might still be required to obtain Sales Tax Permit from Kentucky Department of Revenue if selling taxable products or services using local dropshippers.

Existing Kentucky Companies

Companies registered in Kentucky enjoy from a wide spectrum of services provided by the Kentucky Secretary of State and Kentucky Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Kentucky Secretary of State and Kentucky Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.