Incorporation Of Companies

In the US, an entity can be incorporated under different types: Sole Proprietorships, Partnerships, Limited Liability Companies, Corporations

Sole Proprietorships are owned and run by one individual and where there is no legal distinction between the owner and the business.

Partnerships are formed by two or more persons or any business entity who make an agreement to share profits and losses.

In Limited Liability Companies or LLCs, the members (equivalent to shareholders or partners) can, but need not, have limited liability.

Corporations are more complex. By forming a corporation a NEW legal entity is created which is separate from its owners.

Our Business Tax Return Package includes All relevant forms, including: Forms 1065, 1120 and 1120-S among others.

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