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Corporate

Operating Agreement

New York

Asked on Mar 28, 2021

Do S-Corps have operating agreements?

I am starting an S-Corp since my accountant said it was a better tax structure. Do I need the same documents as an LLC (i.e. Operating Agreement).

1 Attorney answer

Answer

Corporate

New York

Answered 246 days ago

Jane C.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, District of Columbia, New York
Free Consultation

S Corporations are not legally required to have operating agreements. They have bylaws that govern their operations. Disclaimer - This information is provided for general informational purposes only. No information contained in this post should be construed as legal advice and does not establish an attorney-client relationship.

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