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Which entity type is best for my business – LLC or corporation?


LLC Formation or Incorporation Filing Service


That's a question that ultimately only you can answer.

Corporations have been around for hundreds of years, so the paperwork to form and maintain them can seem archaic at times. But if you plan to "go public" soon (for example, to make a public offering of your company's shares on the New York Stock Exchange), this is the only business entity type that can do it.

LLC stands for Limited Liability Company. It is a newer business entity type, but it has fast become the preference among many new small business owners. The reason is that LLCs were designed to offer the personal asset protection of Corporations, but with fewer initial and on-going requirements. For example, LLCs generally do not have to keep detailed meeting minutes, or even hold formal meetings at all.



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What is the SimpleFilings service fee? The fee for our document preparation and filing service varies from state to state because of differing filing requirements and fees that we pay on your behalf. To find out the fee for your state, ...
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What steps are involved in the formation filing? While the steps involved in an LLC Formation or Incorporation filing vary for each state, the main steps are usually: • Complete and submit the...
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Which entity type is best for my business – LLC or corporation? That's a question that ultimately only you can answer.Corporations have been around for hundreds of years, so the paperwork to form and maintain them can seem archaic at times. But if you plan to "go ...
Read more
Do I need to complete the formation filing before I can begin doing business as "LLC" or "Inc."? Yes. If you haven't successfully filed an LLC Formation or Incorporation, your business is not an LLC or Corporation so your business name cannot contain "LLC" or "Inc." Likewise, most banks will not ...
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