ESB Domain 1 Test

No ownership, no US Federal taxes

• S Corporation
• Partnership
• Non-Profit
• Sole Proprietorship
• C Corporation

Best for international business, even with being double-taxed

• S Corporation
• Partnership
• Non-Profit
• Sole Proprietorship
• C Corporation

Easy to create, but comes with unlimited liability

• S Corporation
• Partnership
• Non-Profit
• Sole Proprietorship
• Limited Liability Corporation (LLC)

Lower tax rate that prevents the company from being double-taxed

• S Corporation
• Partnership
• Non-Profit
• Sole Proprietorship
• Limited Liability Corporation (LLC)

Ideal for a single owner seeking limited liability protection

• S Corporation
• Partnership
• Non-Profit
• Sole Proprietorship
• Limited Liability Corporation (LLC)

Shared financial backing

• S Corporation
• Partnership
• Non-Profit
• Sole Proprietorship
• Limited Liability Corporation (LLC)

Creates the company

• Founder
• Stakeholder
• Chief Financial Officer (CFO)
• Chief Executive Officer (CEO)
• Chief Operating Officer (COO)

Oversees company finances

• Founder
• Stakeholder
• Chief Financial Officer (CFO)
• Chief Executive Officer (CEO)
• Chief Operating Officer (COO)

This business is Easy to create, but comes with unlimited liability

• S Corporation

• Limited Liability Corporation (LLC)

• Sole Proprietorship

• C Corporation

This business is best for international business owners.

• Sole Proprietorship

• C Corporation

• Non-Profit

• S Corporation