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Check with your CPA. I know the answer for Nevada but not for your location. Also see if you could/should incorporate elsewhere. -- Regards, Lawrence A. Rodis President Strategic Resource Consulting Group L.L.C. A Microsoft Certified Partner 702-221-6274 [EMAIL PROTECTED] www.strategicresource.com "-=Almazick=-" <[EMAIL PROTECTED]> wrote in message news:[EMAIL PROTECTED] > > We are buying a small Gyros restaurant in Chicago, IL. I have to set up the > company and can't decide between LLC and Corporation. I was told that there > is a double taxation for corporation and for LLC we have to make an Annual > report which cost $250. Which one will better suit me and be cheaper and > easier to make LLC or Corporation? >
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