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Corporation Nonprofit Corporation Limited Liability Company (LLC) Limited Liability Partnership (LLP)
from $149 plus gov. fees  from $599 plus gov. fees from $149 plus gov. fees  from $149 plus gov. fees
Annual Reports Required to be filed with the State    
Personal Assets Generally Shielded from Business Liabilities      
Personal Assets Generally Shielded from Business Liabilities of Your Partners
Tax Advantages for Shareholders  
 Tax-Exempt Status for Qualified Organizations, Can Receive Public and Private Grants  
Members Decide How the Entity will be Taxed
 Annual Meeting of Owners / Shareholders Not Required  
 Most Flexible Business Structure  
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