What business entity to use for business?

• Catknight

  23 Dec 07, 20:44

  hi guys,
  
  If you're setting up a business , what kind of entity you can use for filing taxes..for eg online business , trading, etc.....any advice is welcome..
  
  LLC?soleproprietorship?what...
  
• Darkness_hacker99

  24 Dec 07, 08:38

  http://singapore.smetoolkit.org/singapore/en/content/en/1573/Income-Tax-for-Sole-Proprietors]Income Tax for Sole Proprietors
  
  http://www.iras.gov.sg/ESVPortal/ct/ct_b.5.2.2_what+income+is+taxable.asp]What income is taxable
  
  
• <Precious>

  24 Dec 07, 08:58

  When setting up a business, the first considerations should be:-
  
  1. Type of business
  2. Mode of operation
  
  Once these have been determined, then you consider what business entity is best suited for your needs.
• maurizio13

  24 Dec 07, 09:00

  1) Limited Liability or Unlimited Liability
  
  2) Continuity
  
  3) Tax Structure
• smartboy4

  24 Dec 07, 09:50

  Anyone want partnership ?