Discover Which Business Entity Is Best For You
Not sure of the best type of entity for your new business? Our team of experts have created this ‘help me choose business entity’ tool to help you discover the best choice for you in just a few minutes.
LLC, C Corporation and S Corporation Information
Learn more about advantages & disadvantages of each entity type.
LLC
Limited Liability Company (LLC) is a business structure which provides many benefits of a sole proprietorship (one owner) and partnership (multiple owners) while protecting the owners personal assets (limited liability) like a corporation.
C Corporation
Corporation is an entity usually reserved for larger companies with complex operations including formal record keeping and reporting requirements, numerous shareholders, or businesses planning to raise capital by selling stock.
S Corporation
S corporation is an entity that provides owners with limited liability, protecting the owners personal assets, while also allowing the shareholders to report business profits and losses on their individual tax returns.