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When you are ready to incorporate your business, it is important to know which structure is the best fit for your business. Your choice to incorporate as an s corporation, c corporation, llp, lp, or other legal structure will have an impact on how your business pays taxes, as well as the personal liability you face. Our resource center provides the latest news and information regarding the various business incorporation entity types.
Choosing a Business Structure – Get to Know the Characteristics and Compliance Requirements of Your Chosen Entity
Your choice of business entity can have a big impact on the steps you need to take to ensure compliance with state regulations.
Whether you choose to form a limited liability company (LLC), limited partnership, limited liability partnership, corporation, S corporation, or even if you decide to do business as a sole proprietorship or general partnership, you’ll encounter unique formation, management, and compliance requirements. For example, you may need to appoint a registered agent or file annual reports. Other key considerations include whether you want to take advantage of pass-through taxation and avoid personal liability for business debts.
Use this handy chart to compare the basic characteristics and compliance requirements for each business structure so you stay compliant for the life of your enterprise.
Learn about how to form an LLC in Missouri, including how to name your LLC, the Missouri minimum requirements for members/managers, and other rules & requirements you'll need to know.