[inuhj]

I'm having this same discussion with my tax attorney and CPA firms. Right now my corporate structure is all LLC's with plans to elect to be treated as a C Corp for taxation. For smaller companies there are a lot of headaches involved in keeping the documentation for a C Corp. Whether you held all your board meetings becomes important if you get sued and they try to pierce the corprate veil.

[gamblor956]

There's less documentation for a C corp than there is for an LLC. Literally all you need is a Statement of Information (usually 1 page of basic info, like name and address) and Articles of Incorporation (also 1 page, though they can be longer as required by the needs of the business).

LLCs also require the equivalent of board meetings (aka, member meetings) to avoid veil-piercing, and indeed for veil-piercing purposes have all the same requirements as corporations. (I wrote a law review article on veil-piercing for LLCs, so I'm very familiar with how it works).

[unclebucknasty]

S-corps are the easiest, but you'll be more restricted in capital structure. Still, it's sufficient for many more people than realize it.

[walterbell]

*> headaches involved in keeping the documentation for a C corp

Are there SaaS providers to streamline the compliance process?

[socalnate1]

Stripe is trying to help:

https://stripe.com/atlas

[EGreg]

I contacted them about using their services for my existing Delaware C Corp that I originally registered using incorporate.com . They told me that the company must be opened through them for them to manage it later.

[fencepost]

But be careful to read through their list of prohibited businesses. I know a fair number of people who got the boot for doing IT support because tech support scams have made Stripe classify that as high risk.