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Home Q&A Forum Can an S corp be digital?

Corporate

S Corp

Texas

Asked on Aug 6, 2023

Can an S corp be digital?

I am an entrepreneur who is exploring different business entities to use for my new venture. I have heard that an S corp can be a beneficial option, but I am unsure if a digital S corp is possible. I have been researching online, but I am not sure what the legal requirements and implications would be for creating a digital S corp.

1 Attorney answer

Answer

Corporate

Texas

Answered 390 days ago

Michael R.

ContractsCounsel verified

Business Lawyer
Licensed in New Jersey
Free Consultation

There is no such thing as a digital S corporation. An S corporation is simply a corporation which makes an election to be taxed as a partnership.

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