turmpy 🗣️ Active Recruit Mar 26, 2024 125 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 Aug 18, 2019 3,103 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 🗣️ Active Recruit Mar 26, 2024 125 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
lavel Fake user - Alias of JohnLocke Sep 6, 2012 961 0 36 May 7, 2024 #5 That's why most discussions here focus on US LLC non s-corps