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Company types

LLC vs Sole Proprietorship vs One-Person Company

Choosing your legal form is the first real decision in incorporation.

Sole Proprietorship — fastest and cheapest. You trade in your own name, are personally liable, and register through the Commercial Registry with a tax card. Best for freelancers and small traders.

One-Person Company — a limited liability entity with a single owner. Your personal assets are separated from the business. Slightly more setup than a sole proprietorship, incorporated through GAFI.

LLC — the standard vehicle for partnerships and startups. Requires at least two partners, offers limited liability, and is the most widely recognized form for banking, contracts, and hiring.

A human advisor reviews every application before filing, so a preliminary choice here is never final.