When working with start-up companies we are frequently asked whether it is better to form a new entity as a corporation or as a limited liability company.  Unfortunately, there is no one right answer to that question, but we have created the attached chart to identify some high level differences and issues related to each.  Although this is not a one size fits all decision, this chart helps organize some of the issues related to this initial and important decision.

Before you decide to form a new company, it is imperative that you contact a lawyer who is experienced in formation matters and can help you address your company’s specific concerns.

Choice of Entity FAQ

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