Business Info

Select Package

Contact Info

Compliance

Place Order

Powered by Eco-Tax

Get Started

What Will You Name Your Business?

Your business name is the first step in creating your company’s identity. We’ll use it to check availability and make sure it’s unique in your state.

Ok, let's form

In Which State Will You Form Your Business?

Select the state where you’ll register your business. We’ll handle the state- specific filing requirements for you.

Ok, let's form

What Type Of Business Entity Are You Forming?

Choose the entity type (LLC, Corporation, Nonprofit, etc.) that best fits your business. Your choice will affect how your business is taxed, how much liability protection you have, and how your business operates.

Compare entity types

,

Here's what it will look like

Eco-fyle is powered by Eco-Tax, the online accountancy that has helped more than 500,000 small businesses find their financial footing since 2002.

Forming your business with Eco-fyle is fast. It’s easy. And it puts decades of expertise behind your work, so you can launch with confidence.

Which entity is right for my business?


Business Type:

Why it's Unique

Protections & Taxation

Drawbacks

LLC Most Popular

This structure is ideal for small to midsize businesses seeking a balance of liability protection and tax efficiency.

Why it's Unique

  • Combines limited liability with operational flexibility
  • No ownership restrictions
  • Simple compliance requirements

Protections & Taxation

  • Limited liability protection
  • Flexible profit distributions
  • Pass-through taxation

Drawbacks

  • Owners must pay self-employment taxes
  • Requires detailed personal record-keeping

C-Corp

C-Corporations are ideal for businesses aiming to attract investors and scale operations significantly.

Why it's Unique

  • Best suited for large businesses
  • Ability to raise funds by selling stocks
  • Easy ownership transfer

Protections & Taxation

  • Owners have limited liability
  • Business can deduct benefits like employee health insurance
  • Subject to double taxation

Drawbacks

  • Increased regulations and compliance requirements
  • Potential for double taxation

S-Corp

An S-Corporation combines the advantages of a corporation with the tax benefits of a partnership, making it suitable for small to midsize businesses.

Why it's Unique

  • Similar to C Corp but for smaller businesses
  • Offers pass-through taxation and the ability to split income for lower taxes

Protections & Taxation

  • Limited personal liability
  • Simpler operating guidelines
  • Pass-through taxation avoids double taxation
  • Personal assets protected from business liabilities

Drawbacks

  • Ownership restrictions and stricter eligibility criteria
  • Requires ongoing compliance with specific IRS regulations

Nonprofit-Corp

A Nonprofit Organization is a legal entity established to achieve a specific, publicly beneficial goal rather than to distribute profits to owners or shareholders.

Why it's Unique

  • Ideal for mission-driven organizations
  • Enjoys tax-exempt status and public service benefits

Protections & Taxation

  • Tax-exempt status
  • Charitable donations are tax-deductible
  • Founders/members not personally liable for debts
  • Receives discounts on postage and advertising

Drawbacks

  • Subject to strict public scrutiny
  • Must adhere to rigorous organization, reporting, and record-keeping standards

Need Help? Contact Us


Book a consultation.

Book a free consultation at a time that best fits your schedule.

Book Now

Phone support.

Available Monday – Friday from 9am to 6pm: 1-866-584-4453

Send us an email.

Submit a question and we’ll respond as quickly as possible.

Send email