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Should I form my company as C corporation, an S corporation, an LLC, a partnership, or a sole proprietorship?

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Question added by saleem iqbal , Sales & Purchase Executive , TRANSWORLD COMPUTER TECHNOLOGY LLC DUBAI
Date Posted: 2017/09/07
saleem iqbal
by saleem iqbal , Sales & Purchase Executive , TRANSWORLD COMPUTER TECHNOLOGY LLC DUBAI

Start it as an S corporation, unless you have to issue both common stock and preferred stock; in that case start it as a C corporation. And an S corporation can easily be converted later into a C corporation. LLCs are popular but can get overly complicated. Partnerships and sole proprietorships are to be avoided because of the potential personal liability to the owners of the business.

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