You will need to give more information, it makes no sense what you are posting... For instant what is the company structure, what "equity" is it you are talking about ?
It is a difficult question as I read it, we will need much more information about your case to be able to answer this... however, best advice would be to ask your tax advisor or auditor.
What exactly do you mean "provide equity"? I'm assuming it's ownership rights. If you incorporate, you can be co-incorporators and you'd all split the company's shares of stocks amongst yourselves according to an agreed ownership right. If you are talking about a partnership, you can formalise the venture into a partnership agreement, which always includes a section for partners' equity.
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