10 Best S Corporation Services of 2025
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Looking to start an s corp? Compare s corp filing fees and packages to avoid paying high lawyer fees. Protect your personal assets from liabilities & keep your business compliant.
Frequently Asked Questions
Should I choose S corp for my LLC?
Can I change my LLC to an S corp?
When should I NOT choose an S Corp?
How do I elect S corporation tax status for my existing LLC?
S Corporation benefits
S corporations are generally designed for smaller business entities. It works very similar to an LLC in protecting your personal assets, but you are able to pay yourself a salary from the company. Owners pay personal income tax on the profits and business income and loss is passed to the owners on tax returns. There can be no more than 100 shareholders so the entity will stay on the smaller side and have different management structure than a C corporation. Shareholders must also be US citizens or resident aliens.
Key benefits of an S corp:
- Personal Asset Protection: Keep your personal finances separate from your business’s liabilities.
- Pass-Through Taxation: Avoid double taxation by passing profits and losses directly to your personal tax return.
- Lower Self-Employment Tax: Save on payroll taxes (FICA) compared to a standard LLC or sole proprietorship.
- Perpetual Existence: An S-Corp continues to exist even if the owner changes, offering stability for the business.
- Flexible Accounting: Choose the best accounting method to fit your business needs.
- Easy Ownership Transfer: Transferring shares of an S-Corp is straightforward, providing flexibility for future growth.
- Enhanced Credibility: Being an S-Corp can boost your business’s professional image and attract potential investors.
C Corporation benefits
C corporation is great for businesses that sell products, have a storefront or have employees. If you ever want to go public in the future, this is the entity you should consider in order to have unlimited shareholders. Tax implications are key in choosing this entity. Businesses must pay a corporate income tax, and dividends are distributed at the individual level. Owners pay personal income tax on profits and healthcare premiums for your employees can be written off.
Why use online business formation services to when setting up an S corporation?
Online business formation service offer a fast and cost-effective solution to forming an S corporation. These filing services and industry experts offer all the services you would need to start and run your business, such as preparation and filing of LLCs and corporations, business licenses, legal documents, compliance and registered agent services, all in one place for an affordable price.
With online business formation services, forming your business is a quick, straightforward, and smooth process. All you need to do to get started is select one of the top business formation services above which will take you to their website.
Then pick the business entity you are interested in, whether it be an LLC, S corporation, or C corporation, and enter the state you wish to register your business in. You will then be prompted to enter your desired business name, select the type of business package you want to proceed with and you’re all set.
Why should I be setting up an S corporation?
On top of the benefits we already mentioned , S corporations have a certain level of prestige and credibility. Your customers might trust you more with an Inc or LLC after your name. Banks might more easily lend money according to your business structure as well.
All the services on our top charts support both the S corporation structure and the LLC (Limited Liability Company) structure and can advice on the right structure for you based on your specific needs.
Additional S corp & Business services
Do I need to appoint a registered agent?
Yes, in most states, appointing a registered agent is mandatory. We highly recommend using a professional registered agent service. All brands listed on our charts offer professional registered agent services.
BOIR for business
Starting in 2024, new and existing U.S. businesses should submit the ‘Beneficial Ownership Information Report’ (BOIR) to FinCEN. This report includes personal information about key individuals in the company including the entity, its beneficial owners, and in some cases its company applicants. The top LLC filing services listed on our chart can help you with the BOIR requirement.
Business license
Many businesses might require licenses or permits. The license and permits requirements will depend on the type of business as well as the state in which you incorporate your business. Professional business formation services can help you obtain a business license in all 50 states and assist with submitting your BOIR.