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Corporation and LLC Business Legal Forms
Tax advantages and asset protection

Incorporating a business can provide definite benefits to business owners, who typically decide to incorporate their business for two principal reasons:

  • To enable the business to take advantage of tax laws that are not available to individuals (Many owners pursue incorporation on the recommendation of their accountant.)

  • To assist the owners in protecting their personal assets from the liabilities associated with operating their business

The overwhelming majority of incorporations taking place in New Hampshire are limited liability companies (LLCs). Clients find the LLC to be less formal and more flexible than a traditional c-corporation or s-corporation, which is important to a small business.