As an entrepreneur, launching a business or being self-employed is quite exciting. However, before getting started, every business should be registered to be able to successfully scale. Plan on registering on your own? Here are the requirements you’ll need to prepare for each business entity.
Entity | List of Requirements | Additional Requirements | |
| Basic Requirements | *Prefer Using Your Own Address? | Are You in the IT Industry? |
Sole Proprietorship |
| A business address located in a commercial district is required. You will need:
|
|
Freelancer | NON – PROFESSIONAL
| NON – PROFESSIONAL
| |
| PROFESSIONAL
| PROFESSIONAL
| |
One Person Corporation (OPC) |
| A business address located in a commercial district is required. You will need:
|
|
Domestic Corporation |
| A business address located in a commercial district is required. You will need:
|
|
* Not required if subscribed to MyOffice’s Virtual Office
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