FORMING A CORPORATION

Incorporate Your Business Online Seamlessly

When forming a corporation, you can count on LLC Attorney to make it effortless. You have many options when it comes to corporations. We’re here to help you choose what’s right for your business.

Start My Business

Get to Know the Basics of Forming a Corporation

‍

What Is a Corporation?

A corporation is a legal entity, separate and distinct from its owners. Each state has its own rules and regulations surrounding corporations.

A corporation has the same rights as individuals to conduct business, such as enter into contracts and borrow money. There are many advantages to incorporating.

‍

Is an LLC a Corporation?

No, a limited liability company (LLC) is a different business entity. Both offer liability protection, protecting your personal assets from your business liability.

‍

What’s Required to Become a Corporation?

Each state has its own requirements to incorporate. Generally, you’ll need a business name, board of directors, registered agent, bylaws, shareholders’ agreement, EIN, and beneficial ownership information. You’ll also select your tax election.

Don’t worry — we make it seamless and easy.

‍

What Are the Different Types of Corporations?

You’ve probably heard the terms S corporation and C corporation. When you form a corporation, by default, you’re a C corp. If eligible, and it aligns with your goals, you can elect to be taxed as an S corp.

What Are the Differences Between an S Corp and a C Corp?

The terms S corporations and C corporation represent your company’s tax status. Note an LLC can elect to be taxed as an S corp. You remain an LLC but leverage the S corp’s pass-through tax advantages.

S Corporation

C Corporation

Protects your personal assets from your business liability

An LLC taxed as an S Corp does not need a board of directors.

Requires a board of directors

Can only have up to 100 owners, so it cannot go public

It’s unlimited shareholders allows a C Corp to go public

Requires meetings and record-keeping

Owners must be individuals (with few exceptions) and US citizens

Owners can be non-residents, making a C Corp ideal for international business endeavorsThis is some text inside of a div block.

The IRS considers an S Corp a pass-through entity, meaning it passes tax liability through to its shareholders.

Shareholder(s) then report gains and losses on their personal tax returns, assessed at their individual income tax rates.

A C Corp pays corporate-level taxes. C-corp owners must pay a corporate tax to the federal government and sometimes to their state.

There are tax deductions that can make a C corp more tax advantageous.

Tend to be smaller companies and single owners

Tend to be larger companies because the structure allows for limitless growth

Because of its shareholder limitations, it’s difficult to raise capital from outside investors

Ideal for raising capital from outside investors

LLC vs. Corporation: Which Is Right for Your Business?

Should You Form an LLC or Corporation?

Struggling to decide between an LLC and a Corporation? Our LLC vs. Corp Quiz helps you choose the right structure for your business with ease.

Your Ideal Business Structure

Incorporate Your Business Online Seamlessly

You’re 3 Simple Steps Away

We file your company within 24 hours.
You focus on running your business.

Complete our simple 5-minute order form.

We get you what you need and file everything for you.

That's It!

Start My Business

The Benefits of LLC Formation

Protect Your Personal Assets

In the unlikely (but possible) event someone brings legal action against your business, your personal assets are safe.

Unlimited Life

If the owner becomes incapacitated or passes away, the corporation continues to exist.

Open a Business Bank Account

Keeping your business finances separate from your personal ones is key to effectively managing both. We can help you with this too!

Tax Benefits

An S Corp and a C Corp each have their own tax benefits. It depends on your size and goals. Remember: an LLC can also elect S corp taxation without actually incorporating.

Strategic Growth Opportunities

The corporation structure exists to support growth. You can raise capital from outside investors, leverage shares and more.

Do You Need an LLC or a Corporation?

The answer comes down to the size and goals of your business. Many small businesses start as an LLC and incorporate when they grow. We’re here to support you!

Rarely will small businesses find the increased cost and complexity of actually incorporating worthwhile. Many mistakenly choose a corporation solely for the sub-chapter s taxation election. In fact, limited liability companies may also be taxed as an S corp in addition to a partnership, disregarded entity, or C corporation.

Start My Business

Why LLC Attorney Is the Best LLC Formation Service

FastGet your LLC formation filed within 24 hours. When you’re ready, we’re ready.

AffordableWe keep our pricing low and transparent. You don’t have to worry about surprise costs.

ReliableWe have a curated group of experienced attorneys and business success advisors.