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https://www.readysetincorporate.com/faq-items/what-are-the-downsides-of-using-an-s-corporation/
Export date: Sun May 5 9:09:39 2024 / +0000 GMT

What are the downsides of using an S Corporation?


First, please take a look at this FAQ 1. Once you understand why you may want to use a C Corporation 2, you'll understand several of the reasons that an S Corporation 3 may not work for you. Next, other downsides include not being able to have more than 100 shareholders 4, and not being able to have non-individual shareholders (generally), i.e., a corporation 5 cannot be a shareholder of an S Corporation.
Links:
  1. https://www.davidherzoglegal.com/ofco_dhz_faq/when -should-i-use-a-c-corporation-for-my-business/
  2. https://www.readysetincorporate.com/faq-items/what -is-a-c-corporation/
  3. https://www.readysetincorporate.com/faq-items/what -is-an-s-corporation/
  4. https://www.readysetincorporate.com/faq-items/what -are-stockholders-and-shareholders/
  5. https://www.readysetincorporate.com/faq-items/what -is-a-corporation/
Post date: 2020-08-09 22:53:41
Post date GMT: 2020-08-10 05:53:41

Post modified date: 2020-08-09 22:53:41
Post modified date GMT: 2020-08-10 05:53:41

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