I want to keep my personal credit separate from the business I'm starting and I need to figure out which would be better for me an LLC or INC?
Answer
Either a Corporation (Inc.) or an LLC will help separate your personal credit from the business. For the LLC you would want to make sure to use a separate EIN number. You might also consider having your attorney or a service sign the incorporation papers and act as statutory agent, or your personal history will be connected to the entity's.
As to which entity is best, there are other cost, liability and tax considerations that would determine which entity is best, although my feeling is the LLC is usually the better choice.
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