Here's what to consider when registering a businessI’m a young person currently employed but thinking of starting a business with a friend. Should we just register a business name and start operations or forming a company. Most of my friends have advised me to just register a business name and not form a company since I will be bowed down with many tax requirements. Is it true that I will be required to meet strict and lengthy tax requirements if I operate the business as a company? When registering a business name, you either have the option of registering as a sole proprietor or as a partnership.

Source: Standard Digital March 13, 2019 21:06 UTC