Incorporation and New Business Advisory Services

Starting a new business is an exciting but challenging venture, and having guidance from an experienced accounting firm can make all the difference. 
 
One of the critical first steps is choosing the right business structure. 

We assist with filing essential documents, creating business plans, setting up accounting systems, and developing strategies to minimize tax liability, providing support from formation to financial management.
 
Popular Forms of Business Formation
There are various ways to structure a new business, each with distinct advantages and tax considerations. Jasmin Tax & Business Solutions will guide you through these options to find the structure that best fits your goals.
 
Limited Liability Company (LLC)
An LLC offers personal liability protection for its owners (members), while allowing income to pass through to personal tax returns. We’ll help you draft an operating agreement and file articles of organization with the appropriate state office.
 
Limited Liability Partnership (LLP)
An LLP combines liability protection for limited partners with tax advantages, often making it ideal for certain professional services. General partners manage the business and assume liability, while limited partners contribute financially without personal liability beyond their investment.
 
C Corporation
A C corporation is a separate legal entity, protecting shareholders from personal liability. The company is taxed on its income, and shareholders are taxed on dividends. We’ll guide you through establishing a C corporation and understanding its tax obligations.
 
S Corporation
An S corporation offers similar liability protections to a C corporation but allows income to pass through to shareholders, avoiding double taxation. This structure has strict requirements, and we’ll ensure you meet all legal criteria to qualify.
 
With Jasmin Tax & Business Solutions, you’ll have a trusted partner in navigating the complexities of incorporation and business formation. Reach out today to schedule your free consultation and let us help you turn your business vision into reality.