One of the key decisions we can help you to make when starting a business is its structure. Your choice of structure will depend on the size and type of business, your personal circumstances and how much you plan to grow the business.
The most common forms of business are sole proprietorship, partnership, corporation and S corporation. A more recent development to these forms of business is the limited liability company (LLC) and the limited liability partnership (LLP). Because each business form comes with different tax consequences, you will want to make your selection wisely and choose the structure that most closely matches your business’s needs.
We can change your business structure as your business grows or your circumstances change.
Your business structure can determine your:
- tax liabilities
- responsibilities as a business owner
- potential personal liability
- asset protection
- ongoing costs and the volume of required paperwork .
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Addis Ababa in front of Harmony Hotel at LG Building 5th floor Office #11
Bahir Dar Ambaye building 1st floor office # B13