Lextree Simply the best software for managing legal entities and documents.
Free Trial
The Berkman Letter Practical analysis and commentary for business, law, and more.
Start Reading

What is more common for new legal entities: LLC or S Corporation?

0
stars
1
answer
1125
views

Working with a new startup management team. We are wondering what is the most common structure for a new entity.

entrepreneurship startup business-entity
asked  2018-07-26 16:43:00+00:00
by  pyotor
Answers
0
stars
answered  2019-03-26 17:12:09.182428+00:00
by  kc_3
S Corporation is really a tax election that can be made for incorporated entities of various types (including LLCs). Both LLC and S Corporation are very popular choices for business owners seeking pass-through taxation. 

https://www.investopedia.com/articles/personal-finance/011216/s-corp-vs-llc-which-should-i-choose.asp