Any sources you recommend so that I can find about the differences between those?
Thanks.
Thanks.
S corporations are nearly identical to C corporations, except that they do not pay any corporate taxes. There are a bunch of qualifications for being an S corp (that ensures only small companies can be S corps): https://en.wikipedia.org/wiki/S_corporation#Qualification_fo...
An LLC (Limited Liability Company) is similar to an S corp in that it does not pay incomes taxes, but it is structured differently and is not a corporation. For a startup, I've heard it's more expensive to set up an LLC than an S corp.