Choose A Business Structure

The first step in starting a business is to decide on a basic legal structure. This step is important because financial and legal implications vary depending on legal structure. Once you settle on a legal structure, you will need to properly record the business name with the state and/or county.

In the State of South Carolina, there are several legal options for setting up your business structure.

Given the legal implications when choosing your business structure, our accountant's advice new business owners about all the legal requirements and make sure the legal requirements are met before choosing a business structure. The optional legal business structures in the State of Texas are as follows:

Legal Business Structures in the State of South Carolina:

Sole Proprietorship
General Partnership
Limited Partnership
Registered Limited Liability Partnership
Limited Liability Company
Corporation

We work with each client to understand their new business venture and what the client’s goals and needs for the new business. We take the time to go over the client’s plan for the business and ask questions, which helps our tax consultants advice the client on the most appropriate legal structure that’s best for the business in term of taxes and liability protection.