A corporation is a legal entity that can exist separately from its owners. Creation of a corporation occurs when properly completed articles of incorporation (called a charter or certificate of incorporation in some states) are filed with the proper state authority, and all fees are paid.

When starting a new business, one of the first decisions to be made is deciding which legal structure your company should take.

You have 4 basic choices:

1. A Sole Proprietorship

2. A Partnership

2. A Limited Liability Company (LLC)

4. A Corporation or an S-Corporation

TIP: What do most of our clients choose?

60% of our clients choose the LLC. (Why? - liability protection without the corporate formalities; easy management and maintenance. )
30% of our clients choose the S-Corporation. (Why? - Prestige and flexibility of the Corporation without double taxation.)
10% of our clients choose the Regular Corporation.
The Lowdown: 90% of our clients choose either the LLC or "S Corporation". Between those 2 choices, the LLC is the more "user friendly".