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Startup Funding Espresso – Legal Entities for Startups
Legal Entities for Startups Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are many entity types used in forming businesses. Here are the key ones to consider for your startup: LLC -- Limited Liability Company Startups use this structure to protect themselves from liability. It's issued by the state, which can vary the rules across the country. It doesn't allow for issuing stock but rather ownership units. S -- Corporation This is an LLC that elects to defer paying taxes to the owner. This provides a tax advantage but…
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