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Learning objectives
- Understand the importance of selecting the right legal structure for a business and how it determines liability, capital requirements, taxation, and bureaucratic obligations.
- Be able to identify the necessary steps to officially register a business, including registering with the Business Authority, Commercial Register, and tax authorities.
- Differentiate between the various legal business structures in Europe, such as sole proprietorships, partnerships, LLCs, and public limited companies, and assess which structure is suitable for different business models.
- Recognize the role of business structures in determining whether a business can operate alone or with partners, and the impact on business operations.
- Be familiar with EU programs and funding opportunities for startups and entrepreneurs, and understand how networking and mentoring can support business growth.
