| An S Corporation is a legal entity that functions much | | | | important. Many online incorporation services can assist |
| like that of a corporation. The major difference is that | | | | with the formation of your business, but make sure |
| stockholders of an S-Corp make an election under | | | | you hire one that has specific experience forming S |
| Subchapter S to be taxed as a partnership, avoiding | | | | Corp. This way you know they are qualified to assist |
| unnecessary double taxation. Although this is an added | | | | you. Reputable online incorporation service providers |
| benefit, not every business can function as an S | | | | will be able to furnish the exact services your business |
| Corporation. | | | | needs to get you off the ground and running. They will |
| There are several determinants that must be | | | | fill all the necessary paperwork and have the ability to |
| considered for businesses to qualify as an S | | | | register your business in little to no time, some even |
| Corporation. As outlined below, the business | | | | under 24 hours. |
| must...have been formed within the United Stateshave | | | | Find a Registered Agent- |
| only one class of stockhave no more than 100 | | | | Once you have incorporated your business using an |
| stockholdershave stockholders who are U.S citizens or | | | | online formation service, the next step is to find a |
| residentshave profits/losses are allocated to | | | | registered or resident agent. Many online incorporation |
| stockholders pro rata to each stockholder's ownership | | | | services can provide registered agents for your |
| interest within the corporation | | | | business. This again is a great way to take the worry |
| It can be easy to form an S-Corp online. Of course the | | | | off your shoulders in having to hire a registered agent |
| process is much simpler if you follow the steps below: | | | | for your business. Most of the time small business |
| Find a Reputable Online Incorporation Service- | | | | owners hire third party resident agents because they |
| Finding the right online incorporation service provider is | | | | are much more cost effective. |