There are a number of business entities to select from including: Limited Liability Company, General Stock Corporation (or C-Corporation), S-Corporation, Close Corporation, and Non-Profit Corporation. Each business is unique and requires a proper solution. Prior to forming a formal business entity there are financial, tax, and legal issues to consider. It is in your best interest to consult with a Certified Public Accountant or Attorney as to which business entity is best suited for your particular needs. As a professional entity formation firm, we can assist with answering general questions about financial and tax concerns of the different entities. However, we are not attorneys and cannot offer legal advice. If the advice of an attorney is needed, we highly recommend you select one who is an expert in general business or corporate law.