What is the difference between an LLC and an Incorporation?
What is the difference between an LLC and an Incorporation? When starting a business, one of the most important decisions you will make is choosing the right legal structure. Two popular options are Limited Liability Companies (LLCs) and Incorporations (Inc.). While both structures offer liability protection for business owners, there are some key differences between the two. In this blog post, we will explore the differences between LLCs and Incorporations to help you make an informed decision. 1. Formation and Ownership In California, both LLCs and Incorporations are formed by filing documents with the California Secretary of State’s office. LLCs