Sole Proprietorship
DevnTax provides you with the ultimate sole entrepreneurs or small businesses with complete control over their business. Registering with us gives you endless benefits of flexibility, low costs and complete control of your operations. It’s easy to establish and requires little or no initial investment. Also, the good thing is income is only taxed once, as personal income.
Limited Liability Company
LLC is a business structure that combines the liability protection of the corporation with the tax benefits and flexibility of a partnership. In simple words, it protects your assets from business debts and allows you to pay taxes on business income only. You can have an end number of owners with a flexible ownership structure.
Corporation
It is a big legal entity from its owner. When you register as a corporation, you have maximum liability protection and tax benefits and on top of all that is investor appeal. To form a corporation you need a business name, file articles of incorporation, and EIN. A corporate charter and a hole in the organisational meeting are vital.