Once you decide to establish a business, one of your first considerations will be to determine and register the type of business organization (also called entity type) to use. Your selection of a business structure is very important. It will affect your personal liability and the way you report your taxes, as well as other issues.
For detailed information, refer to the descriptions of the various business forms in the legal structures section or visit opens in a new windowIdaho Small Business Solutions. It may also be advantageous to seek professional advice from an attorney and/or tax specialist.
The opens in a new windowSecretary of State’s website has information and forms to assist business owners file their business registration.