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At trademarkcounsels.com, your business entity is formed by experienced attorneys so you know you have the right entity for
your business. Licensed attorneys will advise you on your best options and how an LLC, an S-Corporation, a C-Corporation, or a
Non Profit can impact your liability and taxation as a business owner. You can also see a comparison table with differences below.
The LLC or Limited Liability Company is the newest form of business incorporation, and is often described as a combination of a corporation and a partnership. Over 80% of small businesses are LLCs, and for many good reasons. With less requirements and more flexible ownership options than the other entities, LLCs provide business owners with limited liability protection. This means that the company assets are typically owned by the LLC and are separate from the personal assets from that of the LLC owner(s).
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Get in touch with licensed attorneys to understand which business entity best suits your business entity best suits your business model. You pay no fee if you end up purchasing a package.
Not all entity types are created equal, understanding the fundamental differences between each and choosing the right one for your company can alleviate future issues. For individuals that are new to the incorporation process, the LLC can be the ideal choice as it provides limited liability to owners just as a corporation while being less complicated to operate. Additionally, a unique feature of the LLC is that it can achieve the same tax classification as an S or C Corporation while bypassing the formalities associated with them.
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