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Starting a company is exciting, and getting it set up the right way is key to success. Here's a streamlined version of what you need to do:

Your structure determines your taxes, liability, and operations. Common choices include:

• Sole Proprietorship – Easiest to start, but you're personally liable.
   
• Partnership – Shared ownership, simple to form.
   
• LLC (Limited Liability Company) – Great for small-to-medium businesses.
   
• Corporation (C-Corp/S-Corp) – Better for large-scale growth, outside investors.
   

Make sure it’s:

• Unique in your country/state
   
• Not trademarked
   
• Available as a web domain (optional but helpful)
   

Depending on the structure and location, this might include:

• Filing Articles of Organization (LLC) or Incorporation (Corp)
   
• Registering with your local or state government
   
• Paying a formation fee
   

You’ll need this for:

• Opening a business bank account
   
• Filing taxes
   
• Hiring employees
   

You can apply online (e.g., through the IRS in the U.S.)

Keep personal and business finances separate to stay compliant and organized.

Even if not required by law, this helps:

• Outline responsibilities
   
• Prevent disputes
   
• Protect your legal standing
   

This varies by:

• Industry
   
• City/state/country
   

Examples: food handling permits, professional licenses, health and safety certificates.

• File annual reports if required
   
• Keep up with taxes and renew licenses
   
• Maintain accurate records