LLC vs. S Corp vs. C Corp in Florida:

Which is Best?

Comparison Chart

Feature

  • Taxation
  • Liability Protection
  • Ownership Restrictions

LLC

  • Pass-through
  • Yes
  • Flexible

S Corp

  • Pass-through
  • Yes
  • Limited

C Corp

  • Double taxation
  • Yes
  • Unlimited

Pros & Cons for LLC, S Corp and C Corp

LLC

Pros: Flexible structure, pass-through taxation, limited liability.

Cons: Self-employment taxes, less investor appeal.

S Corp

Pros: Tax benefits, liability protection.
Cons: Ownership restrictions, administrative requirements.

C Corp

Pros: Unlimited shareholders, attractive to investors.
Cons: Double taxation, complex compliance.

Need Help Deciding?
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