It's important to choose the right business entity for your company.  Below is an overview to help you decide whether to incorporate your business as a for-profit corporation, a limited liability company, or a non-profit.

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For-profit corporation
  • Intends to make a profit and distribute stock (has shareholders)
  • Governed by a board of directors and/or officers
  • C Corporation - a regular corporation
  • S Corporation - a corporation where income from the corporation is passed through as personal income (no separate tax return is filed)

Limited liability company
  • Blends elements of partnership and corporate structures
  • Owned by and offers liability protection to its members
  • Can be managed by members or managers

Non-profit corporation
  • Profits returned to the organization
  • Serves a public good and takes donations
  • Governed by a board of directors and/or officers'

Get started Incorporate Your Business Answer a few questions. We'll take care of the rest.

Get started Incorporate Your Business Answer a few questions. We'll take care of the rest.