FISHER STONE, P.C.
Legal: Done Right

Starting a business made simple.

Start Your Business

CHOOSE THE ENTITY TYPE THAT FITS YOUR BUSINESS
Limited Liability
Company (LLC)
An LLC is great for seasoned entrepreneurs and new business owners alike.
Corporation (C-Corp
| S- Corp)
If you’re looking to scale your business quickly and issue shares to investors, choose a Corporation.
Professional Company
Start your Professional Company today to ensure that your practice is protected and compliant.

Need help deciding which entity is right for you?

Step 1:
ANSWER OUR QUESTIONS.
Step 2:
WE FORM YOUR BUSINESS.
Step 3:
RUN YOUR COMPANY!

The Benefits of
Launching with Fisher
Stone are Unmatched.

Save Time and Money
Our attorneys will be saving you time and money by forming your business the right way.
Guaranteed Service
We guarantee you will be satisfied with our work. Every process and service we provide has been optimized for you.
Fastest Turnaround Time
The forming of your new business starts immediately. Our services are among the fastest in the industry.

Types of Business Entities

FIND THE ENTITY THAT IS RIGHT FOR YOU

Business Type

Features

Protections & Taxes

Negatives

Features

Allows the most flexibility in terms of management and structure

  • Can have unlimited members
  • Can be owned by another LLC, corporation, or any other legal entity

Protections & Taxes

Protects personal assets and liability from lawsuits

  • Offers pass through taxation for business owners
  • Requires separate tax filings

Negatives

Will require regular fees and forms to maintain

  • Can’t go public
  • Not recognized internationally
S-Corp

Features

Allows for issue of shares

  • Shareholders must be US residents
  • Owners only get common stock

Protections & Taxes

Protects personal assets and liability from lawsuits

  • Offers pass through taxation for business owners
  • Requires separate tax filings

Negatives

Will require regular fees and forms to maintain

  • Requires a firm structure, with a board of directors
  • Must keep records and hold annual meetings
C-Corp

Features

Allows for issue of shares

  • Owners can get preferred stock
  • Best option to eventually go public

Protections & Taxes

Protects personal assets and liability from lawsuits

  • Taxed at the corporate level and at the personal level
  • Requires separate tax filings

Negatives

Will require regular fees and forms to maintain

  • Requires a firm structure, with a board of directors
  • Must keep records and hold annual meetings
Proprietorship

Features

Doesn’t require any setup or fees

  • Can only have one owner
  • May still require licenses or forms, depending on state regulations

Protections & Taxes

There is no personal liability protection

  • Only taxed on a personal level
  • Can complete taxes without a separate filing

Negatives

No limited liability protection

  • No company structure or organizing documents
  • Limited business rightsc

More ways we can help you with
your business

GET ALL YOUR BUSINESS NEEDS IN ONE PLACE
Trademark
The easiest way to protect your business is by trademarking your brand.
Post Formation
We will structure your company for you, so you can be sure its done correctly.
Business License
Does your business need a license? We can help determine and apply for you.

Frequently Asked Questions

If you’re on the fence about what type of entity is best for you and your business, look through these frequently asked
questions. If you still want guidance, you can schedule a free strategy session with one of our attorneys.

What is a limited liability company?

An LLC, or a limited liability company, is a business entity that shields owners and shareholders from some personal liabilities including debts, unlike a sole proprietorship or professional company. LLCs, however, are not corporations and are therefore not taxed directly. Instead, shareholders are taxed on their profits from the LLC.

What is the benefit of creating a corporation?

Corporations create several unique benefits in that corporations are a separate entity from their shareholders. This offers protection for the shareholders from all debts or lawsuits that the corporation may encounter, so long as the corporation conforms to their legal requirements. A corporation can only be legally sought after for its assets, not the shareholders’.

Is there a difference between a C-Corporation and an S-Corporation?

C-Corporations and S-Corporations vary in several ways regarding liabilities and taxation. An S-Corporation isn’t taxed directly on its net profit, but shareholders must pay for their income from the S-Corporation. A C-Corporation is taxed directly on its income and its shareholders are taxed on their profits from the C-Corporation. The advantage of a C-Corporation is it provides greater liability protection and tax benefits for shareholders.

Will I need any licenses or permits to start a business?

Permits and licenses are conditional based on which city, county, or state the business operates in. Having an attorney is vital for your business to remain legally compliant.