A Limited Liability Company (LLC) is a flexible business structure in the U.S. that offers personal liability protection and can have one or multiple owners (called members). It’s popular among small business owners and entrepreneurs for its simplicity and tax flexibility.
Limited liability protection for owners
Simple management structure and easy to operate
Unlimited owners (U.S. and international)
LLCs cannot issue stock
Ownership represented by members
Sam & Melina are
Co-founders
who started
a C-Corp
from France.
C-Corporation (C-Corp)
A C-Corporation (C-Corp) is a type of business entity that is legally separate from its owners, providing strong liability protection. It’s the default corporation type in the U.S. and is often chosen by businesses that plan to grow and attract investors.
Limited liability protection for owners
Ability to raise capital by issuing stock
Ownership represented by shareholders
Management structure with more operating requirements
Jessica is a
Software Engineer
who started an
S-Corp from
New York.
S-Corporation (S-Corp)
Only U.S. citizens or residents can be shareholders.
An S-Corporation (S-Corp) is a business structure that offers limited liability like a corporation but with the tax benefits of a pass-through entity. Profits and losses pass directly to the owners’ personal income, avoiding double taxation.
Limited liability protection for owners
Pass-through taxation
Ability to raise capital by issuing stock
Only U.S. citizens or residents can be shareholders
Limited to 100 shareholders or fewer
Empowering your business beyond formation
Bookkeeping
Our Bookkeeping software lets you track and categorize transactions, send invoices, and monitor client payments—all with the added support of a Dedicated Bookkeeper to ensure accuracy and meet your unique needs.
Our team will prepare your annual tax return for submission to the Internal Revenue Service (IRS). Our experts will ensure you stay up-to-date with any changes to tax laws and assist you in claiming all applicable credits.
For any services we don’t offer directly, we have the right partners to support your business. Discover exclusive deals with industry-leading providers in our Marketplace, covering everything from business banking to insurance.
Why should I get an LLC and a business bank account?
Forming an LLC and opening a business bank account are essential steps to protect your personal assets and streamline your finances. An LLC limits your personal liability in case of legal or financial issues, while a business bank account helps you separate personal and business finances, making tax preparation easier and ensuring a more professional image for your business.
Do I need to be a US citizen to work with doola?
No, you don’t! We work with entrepreneurs from around the world to get their businesses incorporated. Don’t take our word for it, though; check out our TrustPilot Page to hear what people globally have to say about doola.
What is an LLC (Limited Liability Company)?
A limited liability company is a formal business structure (created as per state law) where the business is legally distinct from the owner(s). It may have a single owner in the case of a Single-Member LLC or multiple owners in the case of a Multi-Member LLC.
An LLC combines the perks of a corporation (protection against personal liability) and a partnership (pass-through taxation). Since the business has a separate legal existence, the members are not personally liable for the debts and obligations of the Company.
State laws stipulate how LLCs should be incorporated. Some states require specific documents, such as the articles of organization, membership agreement, etc., to be filed with the authorities.
Learn more about LLCs and how they work in FREE ebook.
What information do you need from me to get started?
We don't need any documents to get started. We just need a few pieces of info from you:
Your Company Name
Your Personal Address
Phone Number and Email (For contact purposes)
Later in the process, you'll need a passport to set up your bank account.
What is an EIN?
An Employer Identification Number is the tax identification number for your organization and a requirement of many banks or institutions (such as the IRS) to carry out business in the US. Once your EIN is acquired, you can apply for business bank accounts and payment gateways. Learn more about the full process.
What is an ITIN?
An Individual Tax Identification Number (ITIN) can be used as an alternative for a Social Security Number (SSN) in some cases and is not a requirement in most cases. However, you will be required to have one if you wish to apply for a PayPal account or certain bank accounts. We walk you through how this process looks like in our guide!