Before you begin the incorporation process, you will need to choose a business structure. The Start-up Advantage can help you form a new corporation or Limited Liability Company (LLC) in any state. Please review our Business Comparison Chart below for the advantages of forming a C Corporation, Subchapter S Corporation, or LLC.

 

C Corp S Corp LLC General Partnership Sole Proprietor
Owners have limited liability for business debts and obligations



 

Created by a state-level registration that usually protects the company name



 

Business duration can be perpetual



 

May have an unlimited number of owners

 

 

Owners need not be U.S. citizens or residents

 



May be owned by another business, rather than individuals

 

 

May issue shares of stock to attract investors


   

Owners can report business profit and loss on their personal tax returns  




Owners can split profit and loss with the business for a lower overall tax rate

     

Permitted to distribute special allocations, under certain guidelines    

 

Not required to hold annual meetings or record meeting minutes