The real question here is what is the difference between a limited liability company and a corporation. A limited liability company operates with all of the same protections as a corporation and substantially more benefits, particularly in the State of Florida which is extremely generous in protecting LLC membership interests both statutorily and in case law. As a result, there are only a few instances in which a corporation is more beneficial than a limited liability company and those are restricted primarily to management service companies whose revenue tends to equal its expenses. The difference between a “C” corporation and an “S” corporation is a tax question only. They are both the same type of corporation formed under state law. The real difference is that an “S” corporation has elected to be treated as a pass-through so that its revenue is taxed at just the individual shareholder level rather than at both the corporate and shareholder level, which is what a “C” corporation does. With that said, recognize that an LLC can be treated as either a taxed entity such as a “C” corporation, or a pass-through entity such as an “S” corporation. Therefore, there are few benefits to a corporation as against an LLC.