There are various options.
The two most common ones are:
🔸 diamond Sole Proprietorship
🔸 diamond Limited Liability Company
Let me explain these structures, and try to make it clear which one to go for 🧵👇
🔸 Sole Proprietorship (1/10)
This company structure is the easiest to get started with.
It is a company that is owned by a single person, and there is no legal distinction between the owner and the business entity.
🔸 Sole Proprietorship (2/10)
Founding a Sole Proprietorship is uncomplicated. Most often, it can be done online, and your company can be up and running in less than 24 hours.
In most countries, no minimum capital is required.
It only costs a small fee to get started.
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