Ligress Inc

Did you know? 👀

Many business owners choose an S Corp or C Corp for tax benefits and liability protection… but forget that corporations also come with legal responsibilities. 📑

For example:

✔️ S Corp owners who work in the business are generally required to pay themselves a reasonable salary through payroll.

✔️ C Corps usually require corporate formalities such as:
• shareholder meetings
• board meetings
• meeting minutes
• corporate records

— even if you are the only owner.

If you miss these requirements, it can create problems with:
⚠️ compliance
⚠️ taxes
⚠️ liability protection
⚠️ audits
⚠️ corporate status

A corporation is not just a name on paper — it must be maintained properly.

That’s why choosing the right structure and understanding the responsibilities behind it is important before you form your business.

At Ligress INC, we help businesses better understand professional business setup, branding, structure preparation, and business presentation.

⚠️ Ligress INC is not a law firm or CPA office and does not provide legal or tax advice.