View Single Post
Old 02-21-2005, 03:20 PM  
esnem
Guest
 
Posts: n/a
When I formed my company (NJ) I went with an S Corp the main reason being it was easier to get around self employment taxes. If you or any of the stockholders are foreign citizens you cannot be a stockholder in an S Corp, so an LLC may work better. A lot of it has to do with you and your partners' situations, if there's no partners involved S Corps and LLC's are quite similar. Also ask your lawyer and accountant as that's where your info and final decisions should come from
  Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote