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Choice of legal form
The Legal Form Choice tool is presented as a free tool specifically designed to help entrepreneurs make an informed decision and optimize their legal structure based on their needs.
The Ministry of Industry and Tourism offers you the Legal Form Choice tool, a resource designed to help entrepreneurs, startups, and small businesses determine the most suitable legal structure for their ventures. Each legal form (such as sole proprietorship, limited liability company, corporation, cooperative, among others) provides different advantages and disadvantages in terms of liability, taxation, and legal formalities.
Features of the tool:
- Personalized advice: Through key questions, such as the number of partners, available capital, business activity, and level of risk, the tool provides personalized recommendations.
- Comparison of legal structures: Offers a clear comparison of each legal form in aspects such as owner liability, incorporation costs, and tax obligations.
- Legal guides and explanations: Includes accessible and detailed descriptions of the requirements and advantages of each type of entity.
- Tax and liability simulations: Provides approximations of taxes, as well as the risk of personal liability for each type of legal form.
The tool is ideal for entrepreneurs looking to make an informed decision about their company's structure and understand how it affects both their business and personal situation.
You can find the tool at the following link: Access Legal Form Choice