Subchapter S Corporations – What is the Process?

April 19, 2009 by  
Filed under s corporation

Incorporating as a Subchapter S corporation, or “S-Corp” is a simple process.

Every Subchapter S corporation starts out as any other for profit corporation. Yes, you can register here at StartOregonBusiness.com as a profit corporation and later change your designation with the IRS. Or, you can choose Subchapter S corporation here – and we’ll help you process your corporation with the IRS to receive the S-Corp designation.

Either way the price is the same. The only difference between these two options is that we’ll know we need to give you the extra information to process your Subchapter S application with the IRS. That’s it.

The process of forming your Subchapter S corporation is simple too. We’ll give you an online url where you can reach the IRS and process your application from the information contained on IRS Government form 2553.

Again, there is no real difference here on-site except we’ll know to give you the extra information  – for free.