E&Q Tax - Accounting and Business Solutions

Need help?

201-488-4060 Hours: 9:00 am - 6:00 pm Monday-Friday

What's the difference between a corporation and an LLC?


Not sure if a corporation or LLC is right for you? Fortunately, there are a few simple guidelines many new owners go by.


Corporation


Plan to raise money from outside investors
The stricter formalities give investors the knowledge they desire about how your company is run.

Plan to go public in the future
Are you shooting for the stars for a big exit?

LLC


Fewer formalities and legal requirements
For example, you don't have to hold board meetings or maintain records detailing how every company decision is made.

Ease of setup and management
Just set up and get to running your business.


Learn more about starting an LLC


A SPECIALIST IS HERE TO HELP

Agent

(201) 488-4060

We are available: Monday-Friday 9:00 am - 6:00 pm
Hablamos Español!