The Department of Consumer and Regulatory Affairs can provide general information on each corporate structure but strongly suggests you contact an attorney and/or an accountant before making a final decision.
Directions, address and payment information if you wish to file your corporate filings by mail.
Corporate Registration Registered Agent
For-Profit Corporation (FP) (S or C Corporation designation is determined by IRS) is organized with intent of making a profit; required to issue stock shares. Management and control is exercised through shareholders, directors and officers who have very little limited personal liability.
Corporate Registration: Domestic General Cooperative Association
General Partnership is the association of 2 or more people to carry on as co-owners of a business for profit. In this type of partnership partners liability is total, unlimited, including personal assets. Management and control is exercised through general partnership; each partner has equal control.
Corporate Registration: Domestic Limited Cooperative Association
Limited Liability Company (LLC) is an unincorporated association, with one or more members, domestic or foreign. Owners risk only their investment and personal assets not at risk. Owners manage and control business that can be run by one person.
Limited Liability Partnership (LLP) is a special partnership type made up of general partners only. Each general partner has limited legal liability. Each general partner has equal control. LLPS are easy to set up and maintain.
Limited Partnership (LP) is a special partnership type with limited legal liabilities. General partners are personally liable. Limited partners are liable for their business investment. Management and control is exercised through general partners. Limited partners do not have any formal control.
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