For long-term success, your company needs to expand both domestically and internationally. Incorporating your company can save money on taxes and other expenses.
The LLC is a top choice for smaller businesses due to its cost-effectiveness and easy management. Often recommended by C Corps and S Corps, it offers limited liability protection, keeping business liabilities separate. Additionally, LLC enjoys 'pass-through' taxation, exempt from federal income tax.
C Corps, a nationally recognized entity, provides a unique legal and tax structure. Offering flexibility in profit distribution, C Corps keep business liabilities separate from directors, investors, and shareholders.
Ideal for growing startups, an S Corporation simplifies tax management during expansion, especially beneficial for small-scale businesses.
Unlike profit-driven entities, a Non-profit Corporation focuses on distributing profits to employees, not shareholders, serving to pay monthly employee wages.
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