Davinci Blog

10/18/2024

What Is Better for a Small Business—LLC or Corporation?

When embarking on the entrepreneurial journey, one of the most crucial decisions a small business owner faces is choosing the right business structure. This choice can have far-reaching implications for your company’s legal standing, tax obligations, and overall operational flexibility. Among the various options available, two structures stand out as particularly popular for small businesses: the Limited Liability Company (LLC) and the corporation.

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