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When to Consider a Hybrid Entity?
Businesses might consider forming a hybrid entity under several circumstances:
1.
Risk Management:
When personal liability protection is a priority, a hybrid entity like an LLC or LLP can offer peace of mind.
2.
Tax Efficiency:
Businesses looking to optimize their tax situation may find hybrid entities beneficial due to pass-through taxation.
3.
Growth and Investment:
When planning for significant growth or seeking investment, the flexible structure of hybrid entities can be advantageous.
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