Incorporation FAQ: Frequently Asked Questions about Corporations
People ask a handful of common questions when they're considering the general subject of incorporating a business or, more specifically, when they're considering purchasing a do-it-yourself incorporation kit or using an incorporation service. Here are the questions and answers we seem to give again and again:
Background Information
- What is a corporation?
- Is a limited liability company a corporation?
- What is a C corporation?
- What is an S corporation?
- What is a disqualified S corporation?
- What is a close, or closed, corporation?
- What is a professional service corporation?
- Should you use an online incorporation service?
- What are the advantages of an S corporation?
- LLC versus corporation: Which is the better option?
- Does incorporating in Nevada save state income taxes?
- Which is the best state to incorporate in?
Owning and Operating a Corporation
- When is a business too small for incorporation?
- How does someone incorporate a new business?
- How does someone incorporate an existing business?
- What is a registered agent?
- How does a corporation pay its shareholders?
- How does one dissolve, cancel or stop a corporation?
- Which tax returns are required for the new small business corporation?
- What sort of accounting system does a small corporation need?