LLC or C-corp — which should I form?

An LLC suits most small businesses; a C-corp suits companies planning to raise venture capital. Explore recommends one from your answers. It’s guidance, not legal advice, so for a close call ask your own counsel.

Should I start with Foundation?

If you’re forming with partners, yes. When you finish Foundation, it hands off to Hyper Formation with your answers already filled in. Forming on your own? Start here.

How long does formation take?

It depends on your state and on how quickly you finish your part. On Core and Startup you move through the steps when it suits you. On Concierge, HYVV’s part is covered by the delivery commitment.

What fees come on top of the HYVV fee?

The state filing fee and the first year of your domain are added at cost, plus the USPTO fee for each trademark class if you file a trademark. Providers you choose, like email seats, bill you directly. The review step lists every fee before you pay.

I already have a company. Can HYVV help?

Yes. Add it as an existing company — upload its documents and enter who owns what — and HYVV brings it in without forming it again. Concierge also repairs what’s missing.

Hyper Formation

An agent forms your company.

HYVV turns your answers into a real company: filed with the state, its EIN applied for, and its bank and Stripe applications ready.

Start for free See how it works

LLC, C-corp or S-corp
About 10 minutes of questions
Explore is free

NovaCraft Studios/Hyper Formation/Overview

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Illustrative example

Hyper Formation

NovaCraft Studios

Delaware LLC · 7/10 tasks complete · 2 need you

Formation day

3Startup plan

Formation journey

Five stages from first filing to standing compliance — everything included lives inside its stage.

Form your companyEntity, EIN, registered agent, legal docsDone

Open accountsBanking, accounting, Stripe ConnectIn progress

Issue equityFounder grants, stock classes, option poolAfter accounts

Set up governanceBoard members, officers, consent actionsAfter equity

Stay compliantAnnual reports, franchise tax, calendarWithin 30 days

Form your company5 of 5Done

Open accounts2 of 5In progress

Domain, business emailDone

Needs you

Business bankingNeeds youMercury · StartupThe application is ready with your EIN attached. Mercury needs a photo ID from you to open the account.Finish the identity check →

Needs you

PaymentsNeeds youStripe Connect · StartupOnboarding is prefilled from your formation answers. Confirm your identity and the account payouts land in.Continue with Stripe →

In progress

AccountingIn progressQuickBooks · StartupHYVV is preparing your QuickBooks company from your intake answers. You finish it with QuickBooks.View selection →

Issue equityUp next

Set up governanceUp next

Stay compliantUp next

Illustrative example · sample company NovaCraft Studios

How formation works

Answer once. Launch everywhere.

NovaCraft Studios/Hyper Formation/New formation

Draft saved

Illustrative example

Hyper Formation

Form your company

Entity, founders, bank, payments, domain and books — thirteen short steps.

Step 1 of 13

Company basics

Where should NovaCraft Studios live?

Pick the entity type and the state. HYVV files there, with a registered agent for the first year.

Entity type

LLCPass-through taxes and flexible management. Most small businesses.

C-CorpStock, options and preferred shares. Raising venture capital.

S-CorpSalary plus distributions. Profitable small businesses.

State of formationDelawareState filing fee $90.00

Company nameNovaCraft Studios LLCnovacraftstudios.com looks available

Saved as a draft · pick up any timeBackContinue →

Your answers so far

Company: NovaCraft Studios LLC
Entity & state: Delaware LLC
Registered agent: Included · year 1
Plan: Startup

Estimated total

$1,590.00

Startup plan · HYVV fee$1,500.00

Delaware filing fee$90.00

Illustrative example · sample company NovaCraft Studios

Step 01
Answer the intake
One intake. The same answers feed every filing and application.
Step 02
Choose a plan
Pick Core, Startup or Concierge when you’re ready to file. The plan sets how much HYVV does for you.
Step 03
HYVV files and drafts
HYVV specialists file; agents draft. Each task shows in your account as it lands.
Step 04
You verify and sign
Confirm your identity where the bank or the IRS asks for it, and sign your documents with your co-founders.

Try it

Start with the name

See whether your company name is available as a domain and on social before you start the intake.

Pricing

What you get, by plan

One fee, paid once. Each plan includes months of a monthly HYVV plan.

Compare monthly plans

Core

HYVV files the company and prepares the applications for your accounts. You finish them at your own pace.

$300one-time HYVV fee

Includes 3 months of Founder

Best for an LLC or a simple C-corp.

Choose Core

Startup

Core, plus founder equity, grants and revenue shares on day one.

$1,500one-time HYVV fee

Includes 6 months of Founder or 3 months of Operator

Best for a company with several owners or outside investors.

Choose Startup

Concierge

HYVV runs every step for you, start to finish.

Done for you

$2,500one-time HYVV fee

Includes 12 months of Operator

Choose Concierge

What each plan includes

Each plan includes everything in the plan before it.

What each Hyper Formation plan includes
Deliverable	From	Core	Startup	Concierge
State filing, with a registered agent for the first year	Core	Included	Included	Included
EIN, applied for on IRS Form SS-4	Core	Included	Included	Included
Operating agreement or bylawsAn agent drafts it from your intake answers and sends it to your co-founders to sign.	Core	Included	Included	Included
Bank, Stripe and accounting applications preparedYou finish each one with the provider. Stripe Connect is the only live integration; bank and books sync are on the roadmap.	Core	Included	Included	Included
Domain and business email set up	Core	Included	Included	Included
Compliance calendar for annual reports and franchise tax	Core	Included	Included	Included
Founder shares or units with vesting, and your 83(b) electionHYVV drafts the 83(b) election from the grant and tracks the 30-day clock. You sign it and mail it to the IRS.	Startup	Not included	Included	Included
Cap table, stock plan and first grants	Startup	Not included	Included	Included
Advisor agreements and IP assignment	Startup	Not included	Included	Included
Revenue-share agreements for partners	Startup	Not included	Included	Included
Filings handled for you under a limited power of attorney	Concierge	Not included	Not included	Included
Import and gap repair for a company you already own	Concierge	Not included	Not included	Included
DNS, brand and social starters set up for you	Concierge	Not included	Not included	Included
A launch call with our team	Concierge	Not included	Not included	Included

Forming several companies? Talk to a formation specialist

Concierge delivery commitment

Our part done in 10 business days — or the HYVV fee back.

Concierge only. State and vendor fees pass through at cost and are not refundable once filed. Claim any time in your first 12 months.

What counts as our part: Submitting your state filing and EIN application, drafting your founding documents, lodging your bank, Stripe and accounting applications, and setting up the domain and workspace in your plan.
When the clock starts: The day your intake is complete and we have the information and ID documents we need. It pauses while we wait on something from you.
What sits outside it: State offices, the IRS, banks, payment processors and registrars work to their own timelines. HYVV submits; they decide when they act.

Read the full commitment in the Terms of use

Where this fits

One foundation, start to payout

Stage 1: Start
- Foundation
- Hyper FormationYou are here
Stage 2: Own
- Agreements
- Cap Table
Stage 3: Get paid

FAQ

Formation questions

Not answered here? Talk to a formation specialist.

Further reading: LLC vs C-corp: which is right for your startup? · Why forming an LLC is still a nightmare

One-time setup

Nothing is filed until you say so.

Choosing a plan and authorizing the filing is the last step of the intake.

Your answers save as you go

Start for free Talk to us

HYVV is not a law firm and does not give legal or tax advice. Have your own counsel review anything important.

An agent forms your company.

Answer once. Launch everywhere.

Answer the intake

Choose a plan

HYVV files and drafts

You verify and sign

Start with the name

What you get, by plan

Core

Startup

Concierge

What each plan includes

Our part done in 10 business days — or the HYVV fee back.

One foundation, start to payout

Formation questions

LLC or C-corp — which should I form?

Should I start with Foundation?

How long does formation take?

What fees come on top of the HYVV fee?

I already have a company. Can HYVV help?

Nothing is filed until you say so.