Business Entity Types

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For businesses, the exact onboarding requirements are typically specific to the entity type. Most businesses are formed as one of the following entity types.

Common Entity Types

• Sole Proprietorship
• Partnerships
  • General Partnerships (GP)
  • Limited Partnerships (LP)
  • Limited Liability Partnerships (LLP)
• Corporations
• Limited Liability Companies (LLC)
• Trusts
• Cooperatives
• Nonprofit Organizations
• Foundations
• DAOs