When an individual entirely owns the business for which he or she labours, this is known as self-employment. Self-employment often leads to incorporation. Incorporation offers certain protections of one's personal assets. Laws of incorporation vary from state to state with Delaware having the most incorporated businesses of any state in the U.S.
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... into legal, and regulated, channels, Havana in 1993 legalized self-employment for some 150 occupations ... of income earned and frequent inspections yield stiff fines when any of the many self-employment regulations are violated ...