Do you want to have an LLC or a Corporation?
Register your Business and Protect your Future
Incorporating your business is an essential step that can offer you multiple benefits, including:
- Legal Separation : Create a clear line between your personal finances and those of your business.
- Greater Credibility : Build trust with your customers and business partners.
- Asset Protection : Protect your personal assets from potential legal risks.
Making this decision is crucial to the success of your business, but it is equally important to choose the right structure, whether as a corporation or LLC. That is why we recommend that you seek the guidance of an experienced accountant who will analyze your situation and guide you towards the best option for your type of business.
We are here to help you take this big step in an informed and safe manner.
Frequently Asked Questions
What is the difference between an LLC and a corporation?
An LLC (Limited Liability Company) offers flexibility in management and allows profits and losses to be reported directly on the owners' personal tax returns.
On the other hand, a corporation has a more formal structure, with specific administrative requirements, and can issue shares to attract investors.
Is it more expensive to register an LLC or a corporation?
The cost varies depending on the state or jurisdiction where the business is registered.
Corporations may generally incur additional costs due to the obligation to file annual reports and hold formal meetings.
Which option is better if I want to attract investors?
Corporations are often more attractive to investors as they can issue stock and offer a more recognizable structure.
However, in Puerto Rico, an LLC that is taxed as a corporation may be an interesting alternative, depending on your goals and needs.
Do you have more questions?
Please feel free to contact us for a personalized consultation and to clarify any doubts you may have about which structure is best for your business.
Business Registration Services
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LLC Starting Pack Puerto Rico
Regular price $1,405.25 USDRegular priceUnit price / per -
Corporate Starting Pack
Regular price $1,295.00 USDRegular priceUnit price / per