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Writer's pictureShaunt Oozoonian

Corporate Structures - Comparison Chart

The following chart breaks down a few key comparisons between Limited Liability Companies (LLC), C-Corporations, and S-Corporations:

LLC

  • Limited Liability Company

  • Pass-through taxation

  • Flexible management structure

  • Easy to form and operate

C-Corporation

  • Corporation

  • Double taxation

  • Centralized management structure

  • A bit complex to form and operate

S-Corporation

  • Subchapter S Corporation

  • Pass-through taxation

  • Flexible management structure

  • More complex to form and operate than an LLC, but less complex than a C-Corp.

The best business structure for you will depend on your individual circumstances and needs. If you're not sure which structure is right for you, it's a good idea to contact me at the Oozoonian Law Corporation.

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