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General information

If you are an American resident, and you want to register a business that combines the benefits of an LLC and a C-Corp, an S-Corporation is an excellent option for your company.

An S-Corp is a type of company managed by a board of directors elected by the shareholders, in which the owners must be solely American residents.

This type of company has the benefits of the conventional Corporation by having its shareholder structure, and in turn, is taxed in a similar way to an LLC.

In turn, you have certain legal protections for your personal assets that are separate from the company assets. For example, shareholders are not personally liable for the company's debts or liabilities and, for the most part, creditors cannot pursue shareholders' personal assets to recover business debts.