Blook
Profile
Log in

Quick notes on an LLC vs Corporation


                                                              LLC vs. Corporation

When you’re starting a business in the USA, you will need to determine the right business structure for you. The two most common are Limited Liability Company (LLC) and Corporation (Inc.). Normally for small businesses, the simplest option will be to register as an LLC.

                                                              Biggest Differences

-The biggest difference between a Corporation and an LLC is that an LLC is owned by one or more individuals and a Corporation is owned by its shareholders.
-Corporations are preferred by outside Investors / Venture Capitalists since there is a wider ownership of the corporation through stock.
-LLCs are simpler to setup and maintain for smaller businesses.
-C-Corporations require double taxation of corporate profits.
-C-Corporations must hold annual meetings and record the minutes.

                          Can I start my business without registering as an LLC or Corporation?

Yes, you don’t need either to go into business or start your company. However both a Corporation and LLC helps shield you from personal liability and usually offers tax advantages.

← View All Posts

Register your Business in the US Today and
get the services and personal customer support you need to form and run a successful business!

Get Started!
(It takes less than 5 minutes!)
DISCLAIMER: Blook LLC is a document filing service. We are not a law firm and cannot offer legal advice. The information on our website is for general informational purposes only and is not legal advice. Use of the website is subject to our Terms of Service and Privacy Policy.