Sole Proprietor vs Corporation Tax Calculator
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Corporate Entity Types
General Partnership (합명회사)
All partners have unlimited liability, similar to sole proprietorship.
Limited Partnership (합자회사)
Has both unlimited and limited liability partners.
LLC (유한회사)
Up to 50 members. Suitable for small closed corporations.
Stock Corp. (주식회사)
Can issue shares. Best for investment and IPO.
* Estimated based on 2024 tax rates. Actual tax depends on deductions.