From Incorporation to Success!"You can stay dead in the water or you can jump onboard and sail into the future."
Forming a limited liability company protects your personal assets by keeping them separate from your business assets, and it provides the greatest flexibility available when it comes to taxation and business structure.
An LLC is the most common choice for small businesses with a single proprietor or a small number of members, as it offers the protections of incorporation without the same requirements necessary for larger, multi-shareholder companies.
S corporations offer specialized taxation that limits the company's liability. When you form an S corporation, the company itself isn't taxed. Instead, profits and losses are tallied and taxed after being distributed to shareholders.
For this reason, an S corporation is most often chosen by companies incorporating with multiple shareholders, and is considered a good alternative to legal business partnership because it provides tax benefits without the overhead and complexity.
In C corporations, profits are taxed at the business level before being distributed to shareholders, but the main feature of this type of incorporation is that it offers certain advantages that some companies require.
Specifically, a C corporation is the only option available for US companies choosing to work with foreign investors. Forming a C corporation also allows you more flexibility with shareholder involvement by making it possible to create multiple classes of stock.
Still undecided? Let us help!
Our knowledge center is full of helpful information to assist you in the decision-making and incorporation process. Check out some of our most popular guides:
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Take Your Business Further
Incorporation is one step in the path to success, but the right online promotion gives your business the extra boost it needs to surpass the competition. Our partnerships with companies that serve entrepreneurs like you allow us to not only get your business incorporated, but help you build your brand's profile and grow your online presence. Learn more about our partnership with premiere marketing firm SEO Advantage, and find out how once we've helped you start your business, our partners can help you grow and thrive.