Company Description
The company will be established as a Limited Liability Company (LLC), which offers several advantages, including legal protection for the owners’ personal assets, operational flexibility, and a straightforward setup process. As an LLC, the company will benefit from pass-through taxation, where the business income is taxed only once at the owners’ personal income tax level, avoiding the double taxation faced by corporations.
Why an LLC?
The LLC structure is particularly advantageous for startups in the financial services industry because it combines the flexibility of a partnership with the liability protection of a corporation. This allows us to operate with reduced risk while maintaining the ability to adapt quickly to market changes.
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