It depends. There are various types of organizations and entities to start a business depending on the number of owners, the liability and the risk that would like to be retained, and the tax treatment for each organization.

There 5 main types of business organizations:

  • Sole Proprietor
  • General Partnership
  • Limited Partnership
  • Limited Liability Company
  • Corporation

Of course, there are several additional variants among these organizations depending on the number of owners, their residency, tax treatment, among others.

We Offer Complete Business Planning Services

As you oversee the growth of your business ventures in the U.S., Latin America, and around the world, you'll need an experienced, dual-licensed and billingual international business planning attorney to take care of all of your legal needs. At MEG International, we make every effort to ensure that our Latin American clients feel comfortable doing business wherever they are and that they are given the respect they have earned as savvy and successful business people. Contact us online or call us today at (800) 694-6604. Our firm will provide you with trustworthy and reliable representation so you can get the peace of mind of having made the right decisions.

María Elia Gastélum
Dually licensed in Mexico and California, Maria helps clients with international estate and business planning.