Price Breakdown Documents Required Timelines
Our USP, incorporating investor-ready companies, streamlining the path to securing funding with ease.
Decide the nature of the business
Choose the business name
File articles of incorporation
Appoint the Board of Directors
C Corporation | Limited Liability | S Corporation | |
---|---|---|---|
Requirements | Minimum shareholders - 1 | Minimum shareholders - 1 | Minimum shareholders - 1 |
Maximum shareholders ? | - | - | 50 |
Compliances | High | Low | High |
Registration Time | 15 Days | 15 Days | 40 Days |
Digital signature for two directors to digitally sign the documents
PAN Acknowledgment can be used to apply for PAN number
Certificate of incorporation bearing company's registration number and details
TAN Acknowledgment can be used to apply for TAN number
Filings through Automated Technology
Submit all your documents online
We try to file your Company the same day you submit your documents
We track your company and update you on all necessary steps
An S corporation (S corp) is a particular type of corporation that fits certain Internal Revenue Code standards, allowing it to be treated as a pass-through organization and avoid double taxation. This means income, losses, deductions, and credits are passed on to shareholders and reported on their tax forms.
Suppose a S corporation fails to meet the eligibility requirements. In that case, it will automatically lose its S corporation status and be taxed as a C corporation, subject to corporate income tax and double taxes.
Form 2553, the Election by a Small Business Corporation form, must be filed with the IRS to obtain S corporation status. It must be filed within 75 days of incorporation or within 75 days of the beginning of the tax year in which the election will take effect.
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