Which Type of Corporation Should I Choose?

November 12, 2008 by  
Filed under Incorporation Qs

If you’re like 90% of all people that make it to the front page of our StartFloridaBusiness site you’re probably asking yourself how you go about choosing the correct corporation TYPE for the business you have in mind.

It’s a popular question and one that every incorporator considers carefully. How you make a decision will be whatever feels ‘right’. Some people pay a lawyer $1000 for an hour’s talk and then decide which corporation type is the right one. Others speak to their accountant and pay a few hundred dollars. If you have a 1 to 5 person Florida business it won’t be difficult for you to decide which type best fits your plans. If you have 50 employees then you might need a lawyer and an accountant.

Choosing a type of Florida corporation is not the hardest thing you ever did in your life. Thousands upon thousands of businesses incorporate every year in Florida. LLC’s and Subchapter S corporation types are very popular and the majority of companies fall under these two types. If you are seeking non-profit status as a charity then you’ll want to look into “non-profit” corporations.

We have some information on this site about all the types of Florida corporations we can help you incorporate as. Don’t hesitate to use our 888 toll free number to talk to use about finding more resources to help you make your decision.
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