Incorporation & LLC Formation Services

Protect your personal assets and get tax advantages by forming a Limited Liability Company (LLC) or Corporation today.

Basic entity formation packages include the following:

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• Online Name Availability Check

• Employer Identification Number (EIN) / Tax ID Application

• Tax Structure Elections (LLC S Corp or C Corp Elections)     

• State Certificate of Organization / Incorporation

• State Certificate of Existence

• Operating Agreement / Corporate By-laws

• Sales Tax Registration

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*Fees and filing requirements vary by state.  For example NYS LLCs are required to apply for a certificate of publication within       120 days from formation; this service and the associated fees are not included in our basic business formation package.

Why form a LLC or Corporation?  Below are some of the top reasons....

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• Personal asset protection

• Income tax benefits

• Enhanced credibility

• Brand protection

• Tax deductible expenses

LLC, Corporation or S Corporation: We can provide guidance to assist you with choosing a business structure....

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In deciding a business structure, below are some of the factors to consider:  

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Advantages

• Asset protection

• Profit allocation flexibility

• Less formalities in comparison to a Corporation

• Tax election flexibility

• Qualified Business Income tax deduction 

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Limited Liability Company

Disadvantages

• Self-employment taxation

• Operating agreements usually make it difficult to acquire additional investors

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Corporation

Advantages

• Asset protection

• Profits are personally taxed when distributed

• Less regulations surrounding owner/emloyee fringe benefits in comparison to a S Corporation

• No limit on number of shareholders

• Option to issue multiple classes of stock

Disadvantages

• Double taxation

• Formalities can become burdensome for single or two person business entities

• Inflexible profit & loss allocation

S Corporation

Advantages

• Asset protection

• Flow through profits are not subject to self-employment taxes

• Qualified Business Income tax deduction

Disadvantages

• Formalities can become burdensome for single or two person business entities

• Inflexible profit & loss allocation

• Ambiguity surrounding owner/employee "reasonable compensation" rules

• Non-US citizens/Non-US residents cannot be S Corporation Shareholders