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Business Formation Types

There are four main types of business structures: sole proprietorship, partnership, limited liability company, and corporation. Learn about the latest developments and updates pertaining to these business formation types in our Resource Center.
Articles

How to Start a Company

In order to start a company, first choose your business type (such as an LLC) and your formation state, which doesn’t need to be where your business is locate

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Articles

LLPs Provide Flexibility and Some Asset Protection

A limited liability partnership (LLP) provides some measure of asset protection, but the extent of the protection and the membership requirements for partners vary widely from state to state.

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News

Delaware Amends its Business Entity Laws

Important amendments to the Delaware's corporation and alternative entity laws go into effect on August 1, 2015.

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Articles

Advisory for Limited Partnerships Formed in Delaware: The General Partner Information Requirement

The State of Delaware requires that all domestic and foreign-qualified Limited Partnerships list a General Partner in their formation papers.

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Articles

What Is a Limited Partnership?

A limited partnership allows great flexibility in managing the business and dividing the profits. There must be at least one partner with unlimited personal liability for the business debts.

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