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Young Entrepreneur Forums » General Business » Legal » LLC vs S Corp vs C Corp



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Old 10-08-2008, 11:33 AM   #1 (permalink)
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LLC vs S Corp vs C Corp

When starting your business, are you making sure to incorporate it? There are benefits of incorporating a LL, a S Corp and a C Corp, but do you know the differences? There is a blog post on the new TimeToStartup blog that outlines the differences between and the benefits of each. Which do you think will work best for your business?
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Old 10-31-2008, 01:11 AM   #2 (permalink)
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i do adult prepaid cards online and off.
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Old 11-01-2008, 11:17 PM   #3 (permalink)
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This is a big problem. An attempt to navigate legal waters without any knowledge whatsoever. For starters, you incorporate a corporation, you file articles of organization for an LLC. It's important to understand the legal aspects of business.
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Old 11-25-2008, 01:38 PM   #4 (permalink)
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Yes, I agree that it is definitely important to know the key differences between an S Corp, a C Corp and an LLC. Bizfilings.com gives a good overview of the different options and which can best benefit a particular business.
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Old 11-25-2008, 03:46 PM   #5 (permalink)
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I personally go with Incorporate.com.
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Old 06-19-2009, 04:59 AM   #6 (permalink)
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With the exception of the difference in tax treatment, a C corporation and S corporation have many of the same attributes.
S corpations and LLCs are similar in that they are both "pass-through" entities for tax purposes, meaning that the income derived by both S corporations and LLCs is passed through directly to the owners and reported on the owners' personal income tax returns.
There are several online services available that can help with incorporating your business in one state or several. I recommend you clickandinc.com/ in this regard who are business incorporation specialist. That's way the process will be lot easier.
Here is chart between LLC. S-corporation and C-corporation clickandinc.com/llc-s-corp-c-corp-chart.asp
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Old 06-28-2009, 02:46 PM   #7 (permalink)
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Its a good question I've also been researching the same thing. A lot of websites says go with the llc. I don't know why personally but I've been checking out legalzoom.com. hope that help
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