字幕列表 影片播放 列印英文字幕 We often hear from people who are unfamiliar with the incorporation process. "Should I form a corporation or should I form an LLC?" There are differences between the two, but if you're not sure what we usually say is you should form an LLC. The reason is, you can do almost anything with an LLC that you can do with a corporation, but the same is not true if you form a corporation. With an LLC, you can use it to hold land, use it to hold boats, airplanes passive assets you can even use it to run businesses. Whether that's a construction firm, a consulting firm, anything you can imagine, you can do it with an LLC. It starts out being taxed as a partnership, which is a very flexible, easy way of doing your taxes. You also have the option under the IRS "check- the-box-regulations," if you want your LLC to be taxed like an S-corp, or a C-corp, I say you can have your cake and eat it too. You get the asset protection of an LLC, which not only has protection from creditors of the business, but also provides the business some protection from your personal creditors, which is not true in a corporation. If you start your businesses as an LLC and later decide you prefer to have a corporation, you can convert that entity over to a corporation. So therefore, if you're not sure about a corporation or an LLC we would suggest that you form an LLC to start with. An LLC is flexible, its run by its members who can appoint managers, it doesn't have all those "dance steps," of a corporation, where the stockholders have to elect directors, appoint officers every year. It's just an easy corporation type of entity to run and an LLC will get you started. At IncNow.com we can do this very quickly, efficiently, and affordably. So if you're unsure between an LLC or a corporation, form an LLC. Thank you.