Launch as a corporation—whether you have plans to crowdfund or go public, get help from us every step of the way.
A Corporation is a business entity created by filing formation documents with the state, a process also known as incorporation.
S Corporation and C Corporation designations are both valid choices when incorporating a business—and whichever you choose, we can help make it happen. Before you make your decision, make sure you understand the pros and cons of each.
Shareholders only pay taxes on profits received. Income gets passed through to the owners instead of being taxed at the corporate and shareholder level, so you avoid double taxation.
S Corporation owners can only get common stock, which comes with voting rights.
C Corp owners may get preferred stock, which usually comes with no voting rights but priority to dividends before common shareholders.
Both types of business entities help protect owners from being personally on the hook for business liability or debts. LLCs have one or more individual owners, while Corporations have shareholders, and Corporations generally have more formal record-keeping and reporting requirements.
Even though LLCs are considered easier to start and maintain, investors tend to prefer Corporations.
Think of shares as your piece of the ownership pie—and there are two main types (i.e. "common" and "preferred").
Common shareholders have voting rights and can receive dividends if they're issued. Preferred shareholders have priority over common shareholders when it comes to dividends and payout claims (if the Corporation becomes insolvent).
President/CEO