Business
Formation / Disolution
START YOUR NEW BUSINESS TODAY!
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How does it work
STEP 1
Initial business formation consultation and company name verification
STEP 2
We send an invitation to our platform to initiate the process
STEP 3
You complete our business formation questionary and document upload
STEP 4
We complete the business formation with the Secretary of State
STEP 5
We apply for the EIN and complete operating agreement/bylaws
STEP 6
We do a final consultation with next steps and responsabilities
We set your company on the correct track.
We make the business formation as simple as possible, so you can focus on the important things. Zumu Group offers a full suite of startup services, which means we not only help you get started, but also support you throughout your journey to success.
Whether you’re starting an LLC, S Corp, C Corp or other business entity, we provide you individualized service and realistic solutions to your needs.
We're entrepreneurs, just like you.
Business Entity
Comparison Chart
| Entity | Ownership | Liability | Taxes |
|---|---|---|---|
| Sole Proprietorship | One Person | Unlimited personal liability | Personal tax only |
| Partnerships | Two or more people | Unlimited personal liability unless structured as a limited partnership | Self-employment tax (except for limited partners) Personal Tax |
| Limited Liability Company (LLC) | One or more people | Owners are not personally liable | Self-employment tax Personal or corporate tax |
| Corporation C (C-Corp) | One or more people | Owners are not personally liable | Corporate tax (21% federal tax rate) |
| Corporation S (S-Corp) | One or more people, but no more than 100. Owners must live in USA | Owners are not personally liable | Personal Tax (Pass-through entity) |
| Corporation - Nonprofit | One or more people | Owners are not personally liable | Tax-exempt, but corporate profits can't be distributed |
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We help you see the entrepreneurship journey differently, discover it!