Expand Globally, Start With The U.S.
Explore the distinctive similarities and differences among various types of business formations below
Business Types
LLC
The simplest and most flexible way to start a business is by protecting your personal assets.
How It’s Unique
- There is no need for a board of directors.
- There can be an unlimited number of owners.
- (Also known as members)
Taxation & Protection
- You bear no personal liability for any business debts or obligations.
- You can pick whether you want to be taxed once or twice.
Drawbacks
- Compliance requires ongoing filings and expenses.
- LLCs are unable to go public.
- Not universally recognized; you might face taxation as a corporation outside the United States.
Business Types
C-Corp
A more complex structure that enables issuing shares, going public, or expanding globally.
How It’s Unique
- Allows for an unlimited number of owners.
- Shares may be issued to founders, employees, and investors.
- Owners may be eligible for preferred stock.
- Internationally recognized. Favored by investors.
Taxation & Protection
- Subject to double taxation: at both the company and shareholder levels.
- You can pick whether you want to be taxed once or twice.
Drawbacks
- Compliance requires ongoing filings and expenses.
- Increased IRS scrutiny.
- More administration; stringent meeting and record-keeping regulations.
Business Types
S-Corp
A tax-efficient option for small businesses that want pass-through taxation and limited liability.
How It’s Unique
- Pass-through structure: profits go directly to owners.
- Owners can be paid salary + distributions.
- Professional and trusted business structure.
Taxation & Protection
- Avoids double taxation (income taxed once at shareholder level).
- Limited liability protection for owners.
- Can reduce self-employment taxes (when structured properly).
Drawbacks
- Strict eligibility rules (shareholder limits).
- Only one class of stock allowed.
- More compliance and payroll requirements.
Standard Package
$
1,199
- 1–10 Day Processing
- US Business Address & Digital Mail**
- State Filing of Company Documents
- EIN Tax ID Number in 3–4 days
- Meeting Minutes and Banking Resolution
- Bylaws or Operating Agreement
- Registered Agent Service
- Share Certificates and Company Seal
- Includes All State Filing Fees
- Renewal Guidelines
MOST POPULAR
Premium Package
$
1,599
- 1–10 Day Processing
- US Business Address & Digital Mail**
- State Filing of Company Documents
- EIN Tax ID Number in 3–4 days
- Meeting Minutes and Banking Resolution
- Bylaws or Operating Agreement
- Registered Agent Service
- Digital Documents via Portal
- Includes All State Filing Fees
- Priority Support Included
Basic Package
$
899
- 1–10 Day Processing
- US Business Address & Digital Mail**
- State Filing of Company Documents
- EIN Tax ID Number in 3–4 days
- Meeting Minutes and Banking Resolution
- Bylaws or Operating Agreement
- Registered Agent Service
- Digital Documents via Portal
- Includes All State Filing Fees
- Renewal Guidelines