The legal structure of your business is one of the most important factors that will have a great impact on you and your company throughout its existence. Therefore, it is extremely important to carefully weigh the pros and cons before registering a company, as the choice of business structure will have a big impact on how you will conduct business, how you will pay taxes and who controls your company. The key is to understand which legal type gives your business the greatest advantage in achieving organizational and personal goals. As a general rule, there are four main factors to consider before setting up a company: limitation of personal liability, taxes, ease of transfer of shares and acceptance of new owners, and finally, investors' expectations.
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