What is the difference between an LLC& an S corporation?

Answer If a small business incorporates, the shareholders/members must decide the type of corporation to form. The decision is generally whether to incorporate as a limited liability company (LLC) or an S... Read More »

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What is the difference between a public corporation and a private corporation?

Public and private corporations are common types of business entities used in the United States and Europe. They share many of the same features, benefits and disadvantages, with a few key exceptio... Read More »

Difference Between a Company & Corporation?

Several differences exist between a company (also called a Limited Liability Company, or LLC) and a corporation. Among these include differences in taxation, financial liability, ownership and how ... Read More »

What is the difference between a limited liability corporation&a limited liability partnership?

A limited liability partnership (LLP) and a limited liability company (LLC) contain elements of a general partnership combined with liability protection for the business owners. In states like Cali... Read More »

What is the difference of incorporation&corporation?

Incorporation refers to the process necessary to form a corporation. As indicated on, the most important aspect of a corporation refers to its consideration as a separate legal entity... Read More »