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Starting a Business in North Carolina
At Calder Law we regularly advise clients regarding types of entities they can form for their business functions. The decision usually should involve a discussion with the Accounts and/or CPA, naturally! Most people now use either a Corporation or a Limited Liability Company (LLC). Most Corporations are made into “Subchapter S” corporation, so as to avoid “double taxation.” In other words, all the gains and losses “pass through” to the Members. LLCs are also “pass through” entities. There are many other types of entities, such as Sole Proprietorships, General Partnerships, Limited Liability Partnerships. If you’re interested in starting a business in North Carolina, contact us today, and our friendly staff will assist you.