In a corporation, the business entity is separate from its owners, offering limited liability protection, and is taxed independently at the corporate level.

LPs have general partners who manage the business and non-managing limited partners with liability protection.

LLPs offer liability protection to all partners, regardless of management role.

LLCs protect business owners' liability while allowing profits and losses to be reported on personal tax returns.

Nonprofits are organizations created for charitable, religious, educational, or other purposes. They often qualify for tax-exempt status under federal and state law because they do not provide financial profit to the benefit of members.

A cooperative is a business owned and operated by its members. It is formed to meet economic needs by providing services that are unavailable or too expensive, such as broadband service or agricultural products.

Close corporations resemble benefit corporations but have a less traditional corporate structure. They eliminate many formalities typically governing corporations and usually include smaller companies.

Foreign entities are out-of-state businesses registered to operate in Wisconsin.