Entity Comparison Chart

Attached is a chart comparing different business and nonprofit entity forms available under California law that I often discuss with my clients. While this chart cannot replace the advise of an attorney familiar with nonprofit or business law, I hope it can help you contemplate your choices for your business or organization structure, determine what are your key questions for your attorney or tax accountant, and make the best use of your time conferring with competent professionals.

Important! Please read this disclaimer: This chart pertains to California law. But, this is not an exhaustive list of business and nonprofit entities under California law. This chart may become outdated at any time since government filing fees can change frequently and occasionally corporation laws change. This chart does not cover all nuanced aspects of the entities described in it. This chart is a high-level summary of some aspects of the entity structures described. You should not rely on this chart as legal advice nor tax advice.

Link to chart in google docs here.