Business structures range from informal sole proprietorships to complex corporations with publicly traded stock. This site provides a brief overview of the most prevalent structures administered by the Secretary of State to prepare you to work with an attorney or other business advisor to determine which structure is best suited for your business.
Each structure has certain advantages and disadvantages depending on the size and type of business. The Secretary of State’s staff cannot provide legal advice regarding advantages of the various business structures, filings, transactions, taxes, financing, indemnification, shares, stock certificates, preparation of minutes or bylaws, or other matters of internal business management. Procedural information and registration forms are available from FirstStop or the Secretary of State’s office.
The business structures previewed in this site include:
- Sole Proprietorship
- Limited Liability Companies
- Cooperative Association