Choosing a business entity for your company depends on a variety of factors. It can be difficult to know which type of business is best for your specific business. It helps to consider the tax implications, as well as how your business operates, how much liability protection you need, and whether you want investors. It is possible to change from one business entity to another, but this process can become quite complicated, especially when there are many assets or owners involved.

Here the five steps to get started once you have picked the country you are going to incorporate your company.

5 Steps to Get Started

• Select a Name

• Pick a Legal Structure

• Select a Location

• File Necessary Paperwork

• Set Up Financing and Taxes