

|
UNITED STATES COMPANY FORMATIONS
There are two popular forms of company formation in the USA:
A limited liability company – LLC, and
A corporation -Inc.
LIMITED LIABILITY COMPANY - LLC
The company is an amalgam of a limited company and a partnership.
The members of a limited liability company have limited liability
protection and either manage the business affairs of the company
themselves via an operating agreement or appoint a manager
to operate the company.
The LLC is currently normally taxed like a partnership with
the members including income and expenditure on their own
personal income tax returns.
This form of entity is a suitable vehicle for overseas applicants
as there is no requirement for any shareholders to be US residents.
CORPORATION - INC
This is a statutory body and has a separate legal entity so
is similar to the UK Limited company. It is sometimes referred
to as a Business Corporation
The company is taxed as a corporation.
Directors and officers manage the affairs of the corporation.
FOREIGN CORPORATION
A company is normally incorporated in the State in which it
intends to undertake business. If it wishes to trade elsewhere
or be incorporated in another State then it will need to qualify
as a foreign corporation.
WCA can incorporate in all fifty U.S. States and provide Registered Agent and Compliance Services.
|
|
|
|
|
|
|
Worldwide Corporate Advisors LLP © 2007
Tel: +44 20 7763 6073 Fax: +44 20 7763 6087 Privacy
Policy | Terms Of Use |
|