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Our three-step process will have your business up and running Swyftly TM
We’ve taken the complexity out of forming your LLC. Our easy online form can be completed in just 10 minutes or less.
Based on the information you provide, we prepare all required documents and file them directly with the Secretary of State.
Once your incorporation documents have been approved by the state, you will receive your completed LLC package by mail.
Every day, business owners from all over the nation rely on Swyft Filings to help them start and maintain their limited liability company.
Our Business Specialists will form your new business the correct way, saving you time and money by avoiding costly errors. Let us handle your business filings while you focus on growing your business.
Each one of our customers is assigned a personal Business Specialist. Have a question? Just call your personal Business Specialist directly. No need to wait in a pool of phone calls.
When you place your order through Swyft Filings, we can immediately start the process of forming your new business. Our processing times are some of the fastest in the industry.
Compare the important differences of each business structure to decide
which one is right for your company.
Limited Liability Companies provide personal asset protection, shielding business owners from being personally liable for business debts. And unlike corporations, LLCs aren’t beholden to the same strict recordkeeping requirements as corporations.
There are multiple types of LLCs, such as foreign, member-managed, L3C, and single- or multiple-member managed LLCs. Swyft Filings can help you determine which business structure is best for your new business.
LLCs provide personal asset protection, which shields you from being personally liable for business debts.
C Corps provide personal asset protection, which shields you from being personally liable for business debts.
S Corps provide personal asset protection, which shields you from being personally liable for business debts.
Owners have no personal asset protection, which makes them personally liable for business debts.
LLCs must be member or manager managed according to the terms of the operating agreement. Member managed means the owners of the company manage the company. Manager-managed means the members (or owners) elect one or more managers to manage the company.
C Corps are required to have shareholder elected directors who oversee and elect officers to run the day-to-day operations of the company. The business owner(s) can be the shareholder(s), the director(s) and officer(s).
S Corps are required to have shareholder elected directors who oversee and elect officers to run the day-to-day operations of the company. The business owner(s) can be the shareholder(s), the director(s) and officer(s).
The DBA owner may manage the business without restriction.
Changes in ownership of an LLC are dependent on the terms of the operating agreement.
Ownership changes in a C Corp are easily made through the sell of stock to new or existing shareholders.
Ownership changes in an S Corp are easily made through the sell of stock to new or existing shareholders.
DBAs cannot make ownership changes.
The life of the LLC is dependent of the terms of the operating agreement. Its existence may be short term or perpetual that survive the death or transfer of the membership interests of the original founders.
C Corps are separate entities that survive the death or transfer of stock of the owners and/or major shareholders.
S Corps are separate entities that survive the death or transfer of stock of the owners and/or major shareholders.
DBAs end upon closure of the company or the death of the owner.
Depending on the state of incorporation, an LLC may be required to file an annual report and/or pay franchise fees.
After formation, C Corps have many ongoing formalities such as writing bylaws, selecting directors, holding initial and annual shareholder meetings, and issuing stock.
After formation, S Corps have many ongoing formalities such as writing bylaws, selecting directors, holding initial and annual shareholder meetings, and issuing stock.
There are no ongoing corporate formalities.
LLCs are not allowed to sell stock but may be able to raise capital via bank loans, from its members and various other avenues. Any equity to sales to third parties needs to be done in compliance with SEC regulations.
C Corps may issue many types of stocks, which may be sold to an unlimited number of shareholders. Any equity sales to third parties needs to be done in compliance with SEC regulations.
S Corps may issue one type of stock, which may be sold to a maximum of 100 shareholders. Any equity sales to third parties needs to be done in compliance with SEC regulations.
DBAs are not allowed to sell stock but may be able to obtain bank loans.
LLCs are not taxed at the corporate level. Instead, all profit and losses are reported with the personal income taxes of each member.
The income of the C Corp is taxed at the corporate level and then again at the shareholder level.
S Corps are not taxed at the corporate level. Instead, all profit and losses are reported with the personal income taxes of each shareholder (owner).
DBAs are not taxed at the company level. All profit and losses are reported on the personal income tax return of the owner.
LLCs are not taxed at the corporate level.
The income of the C Corp is taxed at the corporate level and then again at the shareholder level.
S Corps are not taxed at the corporate level.
DBAs are not taxed at the corporate level.
LLCs are required to pay formation fees to the state. Fees will vary based on the state of incorporation.
C Corps are required to pay formation fees to the state. Fees will vary based on the state of incorporation.
S Corps are required to pay formation fees to the state. Fees will vary based on the state of incorporation.
There are required filing fees for DBAs. Fees will vary based on the country and state in which the DBA is filed.
Depending on the state of incorporation, reports and fees may be required.
An annual report and franchise fees are generally due each year along with other reports and fees, which varies depending on the state of incorporation.
An annual report and franchise fees are generally due each year along with other reports and fees, which varies depending on the state of incorporation.
There are no ongoing compliance fees.
For businesses that choose an LLC business structure, their personal assets are considered separate from the personal interest invested in the company. This means that debts and liabilities incurred are the responsibility of the business rather than its members.
LLCs are taxed on a pass-through basis, meaning the profits and losses of LLCs are paid out by each individual owner and are only reflected on their personal income tax returns. LLCs with multiple owners, however, must file a purely informational tax return for their business, while LLCs held by a single member do not.
Members of an LLC are able to determine how the company is viewed as a taxable entity. LLCs are either federally taxed as a partnership or a sole proprietor, depending on whether it’s a multi-or single-member LLC. The business may also, however, choose to be taxed as an S- or C-corporation.
Unlike other business structures, LLCs are beholden to very few regulations, such as filing an annual report and paying any applicable state-level taxes. Beyond the formation process, Swyft Filings helps businesses remain compliant regardless of the stage a company is in.
Launch your business today starting at $49 + state fees. See detailed pricing
We also offer a 2-Easy Payment Plan to help get your business up and running quickly.
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