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Corporation vs. LLC
Below is a table which lists the major
differences between corporations and limited liability
corporations.
C Corporation |
S Corporation |
LLC |
Business income
taxed separately. |
Tax on business income
is paid on owner's
personal tax return. |
Tax on business income
is paid on owner's
personal tax return. |
Annual meeting
required. |
Annual meeting
required. |
Annual meeting
not required. |
Issues shares
of stock. |
Issues shares
of stock. |
No stock. |
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Click on a topic below for
more information.
Corporations, Subchapter S & C click
here.
Limited Liability Corporations, click
here.
Registered Agent Services, click
here.
Form A Corp or LLC, click
here.
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