Where to start when thinking about Corporate Structures
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You don't know what corporate structure is? It’s an imaginary box where you keep your business. What does that mean? How do I choose? Do I really need to have a corporate structure for my business? What will happen if I don’t keep my business in this box? What are the pros and cons of Corporate Structures? Of course, these questions are ringing in your head right now. Let me tell you what will happen if you don't choose a corporate structure for your business. (1) you may be personally liable for business debts ; (2) you may also be personally liable for injuries caused by the business; and (3) you may not get favorable tax treatment.
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Kimi Esteban
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