Subchapter Corporation (S-Corp)

By: argentstrategies June 28, 2022

An S-Corp is similar to a C-Corp in that there is limited liability and shareholders; however, there are two big differentiators. The first is that S-Corps can only have a maximum number of 100 shareholders who must be US Citizens, whereas C-Corps can have an unlimited number of shareholders. The second is that S-Corps do not suffer from double taxation, meaning the distributions of dividends from S-Corps are not taxed as income when distributed unlike C-Corps.

150 SE 2nd Ave #330, Miami, FL 33131
© Argent Strategies . All Rights Reserved 2022. Powered by Smarty Pantz Marketing