The legal structure of your company is crucial. At VoltLegal, we help you decide between different structures based on your business needs:
- Limited Liability Company (LLC): An LLC protects owners from personal liability, making it an ideal option for small and medium-sized businesses. Limited company formation is a popular choice for many businesses globally due to its simplicity and protection of personal assets.
- Corporation: A corporation is a separate legal entity, ideal for businesses looking to raise capital through stock sales and offering limited liability to shareholders. Company incorporation as a corporation may involve more paperwork but offers greater flexibility for large-scale businesses.
- Partnership: This structure is suitable for businesses with multiple owners who want to share profits and losses. Partnerships can be general, where partners share full responsibility, or limited, where some partners have limited liability.