2023-06-05Differences Between Corporation and LLC
Corporations and limited liability companies (LLCs) are the most prevalent business forms when foreign investors considering investment in U.S. Both corporations and LLCs havea statutory right to exist perpetually.The shareholders of a corporation and the members of an LLC are not personally liable for the debts, obligations and liabilities of the entity.
However, corporations and LLCs have specific characteristics that must be considered carefully because they may be an advantage to certain investors but not to others.