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A LLC gives entrepreneurs in the U.S. the freedom to classify themselves as a corporation or as a partnership. When it comes to paying taxes, this is an important decision. If the founders do not decide, their LLC will automatically be classified as a partnership. However the LLC is classified in the U.S. does not necessarily affect its status in Germany if it is active there and generates taxable income. In Germany, the tax authorities decide. A company in the U.S. determined to be a LLC partnership could be classified as capital company in Germany. However, the shareholders can contract (Operating Agreement) to formulate a LLC so that the LLC is almost always classified in Germany as the founders intended.
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Especially for the construction and trading industry of machines, there is a big potential for us in the USA. ALTON LLC helped us from the first moment, the personal contact was very important for us. We received everything from one hand and we are still using their consulting services. If you are planning to step into the US Market, I can recommend to everyone to use this consulting firm. - M. Seegräber (Seegräber GmbH)
