Limited Liability Companies (LLC)

An LLC offers limited liability protection, shielding owners’ personal assets from business debts. It has a simple management structure, allows unlimited U.S. and international members, and ownership is represented by members. Unlike corporations, LLCs cannot issue stock, making them ideal for privately managed businesses.

Corporation (C-Corp)

A Corporation (C-Corp) is a business entity distinct from its owners, offering robust liability protection. As the default corporation type in the U.S., it is a popular choice for businesses aiming to expand and secure investors.”

Nonprofit Corporation

A Nonprofit Corporation is a business entity organized to pursue charitable, educational, or social goals. It can qualify for tax-exempt status, allowing it to operate without paying federal income taxes.

🟢 Tax-Exempt Status – Eligible for 501(c)(3) status, allowing operations without federal income tax.
🟢 Public Trust & Credibility – Being a registered nonprofit increases credibility with donors and the public.
🟢 Ability to Receive Donations & Grants – Can legally accept donations and apply for grants to fund its mission.

🚫 Strict Compliance Requirements – Must follow detailed reporting rules and maintain transparency to keep tax-exempt status.
🚫 Limited Profit Use – Earnings must support the organization’s mission; profits cannot be distributed to members or owners.
🚫 Not Ideal for Private Profit – Not designed for owners seeking personal financial gain or traditional business expansion.