Your business idea is promising, the business plan is in the works, but one question remains: Which legal form should the business have? This decision cannot be taken lightly. After all, it has fundamental financial, fiscal and legal implications.
Each legal form has its advantages. For example, a sole proprietorship benefits from simplified accounting. A non-profit company enjoys a lot of tax advantages. All the more reason to educate yourself on which structure suits you and your business idea well before getting started.