• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

LLC or Corporation?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

anikolop

Member
Texas. I have been reading a lot lately that an LLC is the way to go instead of a corporation (unless you are planning to go public). Is an LLC the best option for five buddies wanting to start a software company? In what instances would a corp. be the best option for small businesses such as this?
 


seniorjudge

Senior Member
I'll answer part of your question: See a tax CPA to figure out which of these entities would give you the best tax benefits.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
Top