What Type of Entity Should You Form?
Some of the most frequent questions that we receive from clients revolve around entity selection for conducting different types of businesses. One aspect involves governance and authority. The issue of governance and authority is important because it determines who has the legal authority to bind the company to contracts and to act on behalf of the company.
The three most popular types of entities are corporations, limited liability companies, and limited partnerships. There are others, however, that might be better suited to your needs.
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