4 general types of business: Sole Proprietorship, Partnership, Limited Liability Company (LLC) and Corporation.

Before creating a business, entrepreneurs should carefully consider which type of business structure is best suited to their enterprise. Click here to learn more about common types of business structures. Seeking legal assistance is recommended.

Once you’ve chosen your business structure, you will need to file your papers with the Maine Secretary of State’s office and register a trade name (if applicable). Federal Tax Identification application. Additional Federal Tax information for businesses.