Call or Email Today For Your Free Quote
Colorado: 719-590-9600
New York: 201-421-6440
General Corporation | S-Corporation | Limited Liability Company | Professional Corporation |
---|---|---|---|
1. Ownership - Shareholders | 1. Ownership - Shareholders | 1. Ownership - Members | 1. Ownership - Shareholders |
2. Governance - Board of Directors | 2. Governance - Board of Directors | 2. Governance - Managers | 2. Governance - Board of Directors |
Formation Document - Articles of Incorporation | Formation Document - Articles of Incorporation | Formation Document - Articles of Organization | Formation Document - Articles of Incorporation |
Ancillary Document - Bylaws | Ancillary Document - Bylaws | Ancillary Document - Operating Agreement | Ancillary Document - Bylaws |
Organizer - Incorporator | Organizer - Organizer | Organizer - Incorporator | Organizer - Incorporator |
Ownership Limitations - N/A |
Ownership Limitations
Entity as Owner - No Non-Resident Alien - No Holding Co. Subsidiary - No Number of Owners - Limited to a specific number (75) Multiple classes - No, limited to 1 class |
Ownership Limitations
Entity as Owner - Yes Non-Resident Alien - Yes Holding Co. Subsidiary - Yes Number of Owners - No Limit Multiple classes - Yes |
Ownership Limitations - N/A |
Limit on Duration - None; usually perpetual | Limit on Duration - None; usually perpetual | Limit on Duration - Duration can be set for date specific or can be perpetual | Limit on Duration - None; usually perpetual |
Free Transferability - Yes | Free Transferability - Yes | Free Transferability - No, Requires unanimous consent of Members | Free Transferability - Yes |
Liability of Owners - None | Liability of Owners - None | Liability of Owners - None | Liability of Owners - None |
Dissolution if Owner withdraws - No | Dissolution if Owner withdraws - No | Dissolution if Owner withdraws - Yes, automatic upon withdrawal of any member | Dissolution if Owner withdraws - No |
© Copyright 2023 Incorporating Services, Inc. All rights reserved No part of this site may be reproduced without prior written consent.
I agree that neither Incorporating Services, Inc., nor any of its employees or agents have provided me with any personal counsel or legal advice. I understand that I should contact an attorney if I need counseling in connection with the formation of my corporation/LLC or any other services that I may be requesting. I also understand that I should contact a financial advisor to see what type of entity is best suited for my tax needs.
The information used to complete all documents was submitted to Incorporating Services, Inc., via internet, and Incorporating Services, Inc., is being used solely as a scrivener.
By: Michael Schiller