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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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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)
