Form an S-Corporation
Reduce your tax burden and protect your personal assets with an S-Corporation. Ideal for profitable small businesses.
Benefits of an S-Corporation
Avoid Double Taxation
S-Corps use pass-through taxation, so income is only taxed once at the shareholder level.
Reduce Self-Employment Taxes
Owner-employees pay themselves a salary, then take additional profits as distributions, reducing payroll tax.
Personal Liability Protection
Shareholders are protected from personal liability for business debts and lawsuits.
Business Credibility
A corporation signals professionalism and stability to clients and investors.
Employee Benefits
S-Corps can offer tax-advantaged employee benefits like health insurance and retirement plans.
Perpetual Existence
An S-Corp continues to exist even if ownership changes, providing business continuity.
Start Your S-Corp Application
Complete the form below. Takes less than 10 minutes.
Business Information
Your preferred business name. Must include "S-Corporation" or an abbreviation.
Frequently Asked Questions
What is the difference between an S-Corp and an LLC?
Both offer liability protection, but an S-Corp allows owner-employees to reduce self-employment taxes by splitting income between salary and distributions. LLCs are simpler to operate.
How many shareholders can an S-Corp have?
An S-Corp is limited to 100 shareholders, and all must be US citizens or residents. Shareholders cannot be other corporations or partnerships.
Is an S-Corp right for my business?
An S-Corp is ideal for profitable small businesses where owners want to minimize self-employment taxes. It requires more formalities than an LLC.
Do I need to hold annual meetings?
Yes. S-Corps are required to hold annual shareholder and board of directors meetings and maintain minutes as part of corporate formalities.