S Corporation Lawyers & Attorneys 

Find S Corporation lawyers to create a corporate entity that passes through, but still protects  

Overview

An S Corporation (S-Corp) is a corporation, limited partnership or limited liability company (LLC) that has made a special “S” election with the IRS. Like LLCs and C Corporations (C-Corps), S-Corps provide their owners with personal liability protection. The S-Corp, like the LLC, is a pass-through entity for federal taxes. Basically, that means that the taxable profits or losses for the business are passed through to the business owners, who record these as part of their personal tax filings. There are other things to like about S-Corps: ownership can be easily transferred through the sale of stock, business expenses are deductible, and, like C-Corps and LLCs, S-Corps are seen as more legitimate to the general public than a sole proprietorship or general partnership. 

There are important restrictions to point out for S-Corps though. S-Corps are limited to just 100 shareholders, making it difficult if you’re considering expanding your company to a larger market with bigger investors down the road. Also, S-Corps can only be owned by U.S. citizens or residents. So once again, depending on where you want to expand and who may be an investor, you will want to keep this limitation in mind. Lastly, S-Corps must be owned by individual shareholders and cannot be a subsidiary of some other type of business entity. 

How legal advice can help

Good S Corporation lawyers will provide vital assistance in
almost every aspect of your business. 
Second opinion can’t hurt
Are you correct in assuming that your company should be an S-Corp? It’s best to find that out before actually forming one!
Get approved the first time
It’s helpful to have a professional double-check the materials you’re submitting to your given state. Forgetting something will only delay your ability to be protected from personal liability, plus some formation applications are non-refundable.
Long-term stability
S Corporation lawyers who assists you during formation will have greater familiarity of your company and its needs going forward, than a lawyer you’re forced to hire when something goes wrong.
Prevent future issues
Receive proactive legal risk management that will help you avoid problems before they arise by tapping into senior S Corporation lawyers with considerable business experience.

Business Structures Compared

The type of business entity you select for your company is one of the earliest “big” decisions you’re going to make. From the many forms of business structures available, most owners choose to operate as an LLC, C-Corp, or S-Corp. Each type of entity has advantages and disadvantages depending on your company.
Features C-Corporation LLC S-Corporation

Limited liability for owners

Yes Yes Yes

Unlimited number of shareholders / members

Yes Yes Limited to 100

Income of entity taxed separately from owners / shareholders

Yes No No

Income of entity not taxed - passes through to individual owners / shareholders

No Yes Yes

Foreign ownership is allowed

Yes Yes No

Entity can be owned by or own other entities

Yes Yes No

More than one class of stock / ownership interest is permissible

Yes Yes No

Shareholders/members can deduct business losses on individual tax returns

No Yes Yes

We offer everything you'll need
in one package.

Consultation with Experienced S Corporation Lawyers & Attorneys
Comprehensive Search of Business Name
Filing with the Secretary of State
Certificate of Incorporation
Employer Identification Number (EIN)
Registered Agent

Average Costs

The cost of S Corporation lawyers can vary based on a number of different things.
To get an exact price for your business click here.

$300 - $1200

*figure show is an average. costs may vary.

Common Questions

Should I form a C-Corp or an S-Corp?
It’s hard to say without knowing specifics on your company. Given the restrictions that come along with an S-Corp, a C-Corp offers a bit more flexibility when starting a business. A C-Corp is a standard corporation whereas an S-Corp has a special tax status assigned to it by the IRS. Both types of corporations offer limited liability protection, have similar structures, corporate formalities, and both are considered separate entities. However, despite their similarities, they have distinct differences.

C-Corps are separate taxable entities and are subject to double taxation. Conversely, S-Corps are pass through entities and pay no corporate income tax. As a result, taxes are paid at the individual level. S-Corp restrictions include no more than 100 shareholders and they must be U.S. citizens or residents. They can also not be owned by other corporations, LLCs, or partnerships. Finally, S-Corps can only have one class of stock while a C-Corporation can have multiple classes. Interested in a S-Corp? Check out more. 

Where should I form an S-Corp?
If your company isn’t a big operation or operates in a small area, it’s probably okay to incorporate in your home state. For other larger S-Corps, some of the most popular states to incorporate include Delaware, Nevada and Wyoming. If your company incorporates in a foreign state then it’s crucial to abide by rules governing “foreign qualification.” This is when states require S-Corps to pay additional taxes and fees for conducting business in state that it is not incorporated in.
What’s limited liability protection?
It’s the biggest reason why people choose to incorporate their businesses. It provides owners protection from their personal assets against creditors’ claims. As long as the owners truly treat their business as a separate entity, they retain such protection. 
What’s an EIN?
It’s the Internal Revenue Service’s (IRS) way of identifying businesses for tax purposes. For federal income tax purposes, a C-Corp is recognized as a separate taxpaying entity. 
What’s a registered agent?
A business or individual designated to receive service of process when a business is a party in a legal action or when the state attempts to communicate with the company. Some states, like Delaware, require entities registered within its jurisdiction to maintain an in-state registered agent. 

HOW OUR PROCESS WORKS

Describe need.
We’ll have a brief but detailed discussion to understand your needs and provide you with an upfront price quote.
Meet attorney.
To match you with the best S Corporation lawyers, we tailor our search to the specific skills you’re looking for. It's simple and easy.
Review & accept.
We hold your funds and only release it to the attorney when you’re 100% satisfied with the work product.

LawTrades S Corporation Lawyers & Attorneys

Discover our invite-only network of senior S Corporation lawyers. Great companies
depend on our expertise for critical legal work. 
Jonathan Hood
New York, NY
⭐️⭐️⭐️⭐️⭐️ 
(39 Reviews)


"From my initial contact with Jon and with each successive correspondence we've had, Jon has been detailed, patient, and easy to talk to. Most importantly, he understood the startup space and knew right away what needed to be taken care of."





-Billy S.
Philip Heller
San Francisco, CA
⭐️⭐️⭐️⭐️⭐️ 
(19 Reviews)


"Philip designed a thorough Terms of Service and Privacy Policy for my website that was directly tailored to my business. The project was completed on time and to my expectations. I will definitely use this service again." 


  



-Virginia A.
Jared Stark
Boca Raton, FL
⭐️⭐️⭐️⭐️⭐️
(23 Reviews)


"Jared was very knowledgeable and an overall pleasure to work with. He provided very quick turnaround and made sure all of our legal needs were satisfied. I would highly recommend his services to anyone else in the internet industry."




-David N.
Adam Bloom
Los Angeles, CA
⭐️⭐️⭐️⭐️⭐️
(12 Reviews)


"Adam is excellent at what he does, has fair pricing, and is as excited to work with our company as we are to build it. LawTrades also has excellent customer support, and I've enjoyed using the interface as well to track invoices."






-Abhi H.

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