Use download.file() to fetch the file into the temp. Use unz() to extract the target file from temp. Remove the temp file via unlink(). Which in code (thanks for basic example, but this is simpler) looks like.
Advantages. Quickest to set up. Inexpensive to form & maintain. Can use an ABN if desired. C Corporations A C Corporation is a form of corporation in which the business entity is taxed separately from its owners (called shareholders).
Corporations are treated as entirely distinct entities from the individuals that own them. They can be either privately owned or publicly traded.
Advantages. Liability protection.
Simple transfer of ownership. Predictable regulations. Limited Liability Corporations A Limited Liability Company (LLC) is a private business entity that combines elements of a sole proprietorship (in a single member LLC) or partnership (in a multiple member LLC) with the limited personal liability (sometimes called ‘corporate veil’) of a corporation. Advantages. Limited individual liability.
Single owner or multi-owner options. No complex operating bylaws. Nonprofit Corporations A Nonprofit Corporation is a unique form of business entity where the primary goal of the business is some kind of public service or benefit, rather than generating a large profit for its shareholders.
Nonprofit Corporations can apply for ‘tax exempt status’ with the IRS and State, but, by the same token, may not distribute profits to their directors. Advantages. Eligible for government grants. Legal tax avoidance. Limited Liability.
Partnerships A Partnership (often called a ‘General Partnership’) is a private business entity comprised of multiple individuals formed by a partnership agreement. Profits and liability are often split among the partners equally unless otherwise indicated by this agreement. Advantages.
Inexpensive to form & maintain. Prevents double taxation. Easy to form multi-party business. S Corporations An S Corporation is a form of corporation in which all income is passed through to its owners (called shareholders) and is taxed at the individual level. Corporations are treated as entirely distinct entities from the individuals that own them. They can be either privately owned or publicly traded.
Advantages. Limited individual liability. Prevents double taxation. Simple transfer of ownership.
Sole Proprietorships A sole proprietorship is a business entity formed and owned by a single individual. Because of the simple nature of this kind of business, the individual and business are considered legally one and the same.
Sole proprietorships can be operated under the name of the individual or can feature an ‘Assumed Business Name’ (sometimes called DBA or ficticious name) allowing the registrant to operate under a name other than their own. Advantages. Quickest to set up. Inexpensive to form & maintain.
Can use an ABN if desired.