How Do I Choose the Right Corporation Type (Entity) for my Business?

Great question. This is probably the most asked question we get asked. We’ve put together some links below that you can have a look at. This information will help you decide which corporation is right for you.

Choosing a corporation type is an important step, but not a very difficult one. Over 10,000 new businesses incorporate in Oregon online every year and save a lot of money over utilizing expensive lawyers and accountants. Will you be one of them? We’re confident you will after reading all the information below:

LLC Information:

Our LLC category – all articles we have about LLC on-site.

LLC Information at the IRS (Internal Revenue Service)

LLC at About.com’s Small Business site – opens in new window.

Our online LLC incorporation form

S-Corporations (Subchapter S) Information:

Our S-Corp category – all articles we have about Subchapter S corporations.

Should your small business become an S-corporation?

S-Corp information at the IRS (Internal Revenue Service)

Our S-corp online incorporation form

Profit Corporations Information:

A profit corporation is a corporation that makes a profit, unlike a nonprofit corporation which doesn’t. A corporation may have stock or not, unlike a nonprofit which doesn’t have stock. A profit corporation is taxed at the corporate level and the individual owners are taxed as well – double taxation. Large companies with many employees usually choose to operate as a for-profit corporation without any Subchapter S designation.

For-profit corporation information at the IRS

Profit corporation definition at Wikipedia

For-profit corporation online form