Wednesday, December 5, 2012

legal - C-Corp vs LLC. How much more complex? - OnStartups Beta ...

Not really complex. Shareholders' annual meeting, board meetings, share issuance, maintaining minutes, corporate secretary, officers need to be on the payroll, double taxation on income.

Actually, quite complex. But manageable. If you can't do it yourself, you can always pay a lawyer to be your corporate secretary and take care of the bureaucracy.

Source: http://answers.onstartups.com/questions/44776/c-corp-vs-llc-how-much-more-complex

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