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Corporation vs. LLC

What Separates the LLC and the Corporation?

ALTON assists its clients in setting up Limited Liability Companies (LLCs) and Corporations. Which of the two types of companies is the best to incorporate? A general answer to this question is certainly not possible. The selection of the appropriate legal form depends on the individual start-up project or projects. To provide a basis for a good decision, for comparison, we consider here again, by comparison, the aspects of both types. On its own, those listed on the "Advantages and Disadvantages" page are provided to give entrepreneurs some of the individual characteristics. 


 

Corporation

LLC

Organs of the Enterprise:

Board of Directors, 
Executive Officers, 
Shareholder Meeting

optionally Member-Meeting

Formation with a single person possible:

Yes

Yes

Comparable with:

Foreign Corporation

Foreign Limited Liability Company

Capable of Action in foreign country: 

Yes

Yes

Company is a:

Corporate enterprise

Sole proprietorship or corporate enterprise

Enduration of company on absense of a member:

Yes 

Only if agreed on member agreement

Acquisition of bonded capital:

Possible through issuance of shares

Possible through issuance of member certificates

Limitation of liability for entrepreneur:

Yes

Yes

Verifiable share capital:

Not essential

Not essential

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Ratings: 4.7 of 5 | 802 vote(s)

Testimonials

With its quick and professional service, ALTON LLC helped us found our C Corporation and obtain the investor visa we needed.  In addition to saving us valuable time, they were prompt in supporting us in accomplishing our stock split, as well as successful with our deadlocked visa application.  Our experience with Max Karagoz and ALTON LLC was always positive and definitely the right choice. - Andreas Kisslinger (Cross Media Production)

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