Definitions and pros and cons of each type of business entity pertinent to artists.

Fictitious Name registration is required if you are doing business as anything other than your legal name. It is simple to file and creates a “preson” under the law for your business. It does not require any annual reports or special tax forms

LLC

Corps

     Closely Held

     S Corp

     C Corp

     Non-Profit

Of course, there are fees! For artists, these are generally $10-25. Following is Missouri’s Schedule of Corporation Fees and Charges: