turmpy 🗣️ Loud Newcomer Mar 26, 2024 90 0 36 May 1, 2024 #1 I have read quite a bit about US LLCs and S Corps, but I simply can't figure out what the difference is between the two? And what are the advantages?
I have read quite a bit about US LLCs and S Corps, but I simply can't figure out what the difference is between the two? And what are the advantages?
Marzio 👁️ Quiet Authority May 28, 2025 2,774 0 161 May 1, 2024 #2 You can form a S-Corp only if you are a resident alien. This is the main difference that you need to know.
You can form a S-Corp only if you are a resident alien. This is the main difference that you need to know.
turmpy 🗣️ Loud Newcomer Mar 26, 2024 90 0 36 May 1, 2024 #3 So you mean, no foreigner can own s-corp right? okay, if that is the only thing I focus on LLC
Marzio 👁️ Quiet Authority May 28, 2025 2,774 0 161 May 1, 2024 #4 turmpy said: turmpy said: No foreigner can own s-corp right? Click to expand... Click to expand... Correct.
turmpy said: turmpy said: No foreigner can own s-corp right? Click to expand... Click to expand... Correct.
lavel 🧠 Recognized Voice Sep 6, 2012 902 0 36 May 7, 2024 #5 That's why most discussions here focus on US LLC non s-corps
