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Explore the World of Corporate Structuring
Our firm in New York City or Hudson Valley will walk you through your options
There are many different ways to structure a business, each with its own benefits. If you're not sure where to begin, The Kagan Law Group may be able to help. Our skilled lawyers are based in New York City and Hudson Valley, offering assistance with everything from corporate structuring to employment law disputes. We'll help you understand the legal side of things and make decisions that are in your best interests.
Get in touch with an attorney at The Kagan Law Group today.
3 types of corporate structuring
If you're interested in restructuring your business, you may already be familiar with the options available to you. There are three primary types of corporate structuring. These are...
- Limited Liability Companies (LLCs). This structure allows you to gain liability protection for your business while maintaining pass-through taxation benefits.
- S Corporations (S Corps). By structuring as an S Corp, you can pass certain income taxes through to your shareholders to avoid double taxation. However, you need to have fewer than 100 shareholders.
- C Corporations (C Corps). This type of structure completely separates shareholders', owners' and the corporation's assets. Each group of assets is taxed separately.
