• Help Me Decide
• Business Startup
• Common Mistakes
• Common Incorporation Terms
• FAQ

• Form Your business
• Incorporate
• Form an LLC
• Get a DBA
• Get a Registered Agent
• Get an EIN
• Business Name Search

• Manage your Business
• Initial Reports
• Annual Reports
• Amendments
• Certificate of Good Standing
• Foreign Qualifications
• Withdrawals
• Reinstatements
• Dissolutions
• Certified Documents

Help Me Decide

Deciding the appropriate structure is a critical step in achieving the most benefits possible from your business. Below are two different charts to help you evaluate some key differences between some of the more common used business entities.

 

 

Feature	C Corporation	S Corporation	Limited Liability Company	General Partnership	Sole Proprietor
Provides owners with limited liability for debts and other business obligations
Company name protected by state level registration
Duration of the business can be perpetual
The number of owners may be unlimited
Owners may reside outside the United States and/or not be U.S. citizens
May be owned by another business
May issue shares of stock
Business profit may be passed through to the individual owners tax returns
The business and it's owners may split overall profit and loss, resulting in lower tax rates
Does not require annual meetings or meeting minutes