Choosing the Entity that’s Right for your Startup
By Wiss Associate
As a startup business, one of the most important decisions you have to make is under what type of corporate entity you’ll operate.
There are three basic choices of entities.
S Corporations
Characteristics. This entity is only for corporations with 100 or fewer individual owners and no foreign shareholders are permitted. S Corporations can issue common stock, not preferred, and there are no corporate taxes paid at the entity level.
Advantages. S Corporations are...
