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What is right for you - LLC vs C Corporation?

When it comes to choosing a legal entity for their business, almost all small business owners choose either a limited liability company or a c corp.
Find out which entity type is the right one for your business

Comparison - LLC vs C Corp

Advantages

Taxation & Liability

Other

More flexibility in how you manage and run your business; the board of directors are not required. You can add unlimited owners.

Limited liability for founders.

Can choose between being taxed as a partnership or corporation, whichever can help minimize taxes

LLCs can't go public and difficult to raise funds or investment. LLCs cannot participate in tax-free reorganizations.

LLC

Preferred by companies that plan to raise investment or go public one day. You can issue shares to founders, employees, and investors.

Recognized internationally

C corporation shareholders are not subject to self-employment taxes on the corporation’s income. Can participate in tax-free reorganizations.

Less management flexibility; must have a board of directors

More structured with strict rules about holding meetings and keeping records

C Corp

Read our blog posts

What is an LLC?

What is a C Corporation?

A great choice for e-commerce stores, bootstrapped startups, and small online projects. LLCs offer limited liability for founders, simple structure, and ease of management.

Ideal for businesses seeking to raise venture capital. C Corporations also provide limited liability for founders. The ownership of the company is expressed in shares of stock. 

Can't decide which is the right business structure?

Take the quiz and find the right structure for your business. Tell us about the number of members, future goals and more and we will recommend the right structure for your company. 

Frequently asked questions

Can a foreigner form a company in the US?

Firstbase.io serves clients in countries all over the world. We’ve successfully helped founders in 140+ countries, and we are happy to help you too.

Will Firstbase.io open a business bank account for my new company?

Sure thing. A business bank account opening is part of our package. Our current partner bank is Mercury. 


Can I connect PayPal or Stripe to the Mercury account?

Yes. You can connect payment gateways such as Stripe or PayPal to your Mercury account to receive merchant payments.

How are we different from other services?

Unlike competitive services, Firstbase.io takes care of everything — business formation, bank accounts, tax advisory, and everything in between. We are building a tech-enabled, customer-centric service that combines automation and human touch to scale your overall experience.

How to contact Firstbase.io team?

We know lifetime expert online support is the best way to deliver success to our customers who live and work all over the world. Click on the chat widget on our website or reach us at sales@firstbase.io. We’d love to help you.

Trusted by founders from over 140 countries. 

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“Very smooth. Everything happened in the background and I didn’t have to think about it at all. It was great to hand this off to Firstbase and not have to spend any time on it.”


“The customer support team is responsive, solution-oriented, and very personal. They were more than willing to go above and beyond in helping me understand some of the complexities involved"


"Very easy and very smooth. I didn’t spend a lot of time providing documents. It took me about 10 minutes. Their customer support team was always in touch with me during the process"

Chris Spagnuolo, 

Founder of Jetboost

Ambreen Dar, 

Co-founder of BRIL.LA.

Irek Khasyanov, 

Founder of Storista.io

Ready to incorporate?

When it comes to setting up your business, don’t leave anything to chance. Remember, it’s easier to score when you start on first base.

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