Business Structure
My LLC
How it's unique
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Better for max flexibility in how you manage and run your business; board of directors not required
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Unlimited owners (aka "members") allowed
Protections & taxation
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You're not personally on the hook for business liabilities
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Taxed once or twice; you're free to choose which can help minimize taxes
Drawbacks to consider
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Ongoing filings and fees to stay in compliance
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LLCs can't go public
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Not recognized globally; you may be taxed as a corporation in other countries
Limited Liability Company
$79 + filing fees.
Ready in about 1 to 2 days
Employer Identification
Number (EIN) included
Available for Download After Filed
Select the Business Structure best for you. LLC and INC is the most popular Business Structure. Everyone must start somewhere
My INC
How it's unique
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Best if you plan to go public one day; can issue shares to founders, employees, and investors
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Unlimited owners (aka "shareholders") allowed
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Owners may get preferred stock
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Recognized internationally
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Preferred by investors
Protections & taxation
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You're not personally on the hook for business liabilities
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Taxed twice if it's a C corporation—business pays at the corporate level, and shareholders pay on income received
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Avoids double taxation if it's an S corporation
Drawbacks to consider
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Ongoing filings and fees to stay in compliance
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Less management flexibility; must have a board of directors
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More admin; strict rules about holding meetings and keeping records
Corporation (S or C corp)
$125 + filing fees.
Ready in about 1 to 2 days
Employer Identification Number (EIN) included
Available for Download After Filed
My EIN
What is a EIN?
A federal tax ID (officially known as an Employer Identification Number or EIN) is a unique number assigned to a business or organization by the IRS.
A business uses its federal tax ID much like a person uses a Social Security number
Who Needs One?
The IRS requires most business entities to use a federal tax ID (EIN)—corporations, partnerships, most LLCs, and some sole proprietorships.
A federal tax ID offers other benefits, even when it isn't required by the IRS. An Employer Identification Number or EIN can help protect against identity theft, and it's often a prerequisite for opening a business bank account.
Employer Identification Number (EIN)
$49 / no filing fees.
Also know as a Tax Id.
Ready Same Day (1-2 hours)
Available for Immediate Download