Formations Corp

In 2019, Shahar Plinner and Uri Bar-Joseph noticed a significant gap in the financial services market: self-employed professionals were being left behind by traditional accounting and tax solutions. With over 15 years of experience in the tax and accounting industry, Shahar had built a successful business serving thousands of customers, yet saw firsthand how the accounting industry was outdated, compliance-driven, and largely ignoring the needs of freelancers, consultants, and solopreneurs.

Armed with this insight, they founded Formations to give self-employed individuals access to the same corporate-level financial tools and tax strategies that larger businesses enjoy. The company developed the world's first S-Corp automation software, enabling independent professionals to save thousands of dollars annually on taxes through optimal business structure management. Formations handles everything from LLC and S-Corp formation to ongoing bookkeeping, payroll, tax preparation, and financial planning - giving self-employed professionals peace of mind and more time to focus on their craft.

Today, Formations serves thousands of independent professionals across diverse industries, from real estate agents and consultants to developers and coaches. The company continues to innovate by expanding its service offerings to include LLC management and business banking solutions, cementing its position as a comprehensive financial ecosystem designed specifically for the self-employed journey.