💡 What is an LLC? Limited Liability Company: Benefits and Disadvantages: ua-cam.com/video/ch7co0ib34E/v-deo.html 💡 How To Form An LLC: ua-cam.com/video/ZN9x2__wwGE/v-deo.html 💡 How-to guides for starting your own company: ua-cam.com/play/PLwuHJX3E2iK_BypYCuKB59H8CHtqyHUs-.html
Wow, that was very helpful as new business owner. I always wanted to know the difference. I formed my consulting business as a an LLC and filed for S Corp for tas purpose.
Can you convert from an LLC with 5 total owners to a Delaware C Corp after collecting 1st seed round of investments? Would you advise to do so in advance and if so, in advance of the SAFE Note agreement with investor or just before the investor actually executes the fund transfer? Also, does the company lose its QSBS tax exemption status by converting down the road after already receiving raised funds?
Great content, Clint!! I can't help to notice you didn't mention a scenerio in which someone opening a business is unmarried as a single member inc and how would that play a difference in wheather someone chooses to open an inc vs llc.
Can a Non Resident Individual Form an SCorp? Example : Me being living in India wants to form an LLC required to do Amazon USA Business. I am learning that an LLC can be easily formed. But later SCorp is a much lengtheir process on that same LLC. Can you be able to assist?
How long does it take to not be a California resident? I've lived in California my whole life recently moved overseas to ASIA I wanna form a LLC but do not want to form in California $800 annual fee looking at other cheaper states Wyoming how long do I need to be away from California not to be considered a resident ive heard if I form in another state I still need to pay tax to Cali.
Hi Shawn! California residency is defined by a number of factors, not only where you currently live. I would advise you to seek for professional legal help in this matter in order to declare your taxes correctly.
💡 What is an LLC? Limited Liability Company: Benefits and Disadvantages: ua-cam.com/video/ch7co0ib34E/v-deo.html
💡 How To Form An LLC: ua-cam.com/video/ZN9x2__wwGE/v-deo.html
💡 How-to guides for starting your own company: ua-cam.com/play/PLwuHJX3E2iK_BypYCuKB59H8CHtqyHUs-.html
Wow, that was very helpful as new business owner. I always wanted to know the difference. I formed my consulting business as a an LLC and filed for S Corp for tas purpose.
Glad it was helpful!
Wow this was extremely helpful and simplified 💯
Glad it was helpful!
Hello, thanks for nice informative video about llc and other forms of companies
THANK YOU SO MUCH THIS HELPED ME LEARN THE MAJOR DIFFERENCES ABSOLUTELY EXCELLENT!
Glad it helped!
usa permanent resident and want sale through online business like amazon so with categories i should carry and I will be the single owner.???
Can you convert from an LLC with 5 total owners to a Delaware C Corp after collecting 1st seed round of investments? Would you advise to do so in advance and if so, in advance of the SAFE Note agreement with investor or just before the investor actually executes the fund transfer?
Also, does the company lose its QSBS tax exemption status by converting down the road after already receiving raised funds?
Great content, Clint!! I can't help to notice you didn't mention a scenerio in which someone opening a business is unmarried as a single member inc and how would that play a difference in wheather someone chooses to open an inc vs llc.
Thanks for the idea. Will try to cover it in the future :)
thank you
Very Well Explained, but youtube algorithm is not picking by your videos on Suggestion just showing on Search , Hope it will one day.
Appreciate the kind words :)
Algorithm works for every channel which viewers click on their videos and watched them, I found this video on suggestions lol
Thanks 👍
Understood
Can a Non Resident Individual Form an SCorp? Example : Me being living in India wants to form an LLC required to do Amazon USA Business. I am learning that an LLC can be easily formed. But later SCorp is a much lengtheir process on that same LLC. Can you be able to assist?
Tnx ❤
Happy to be of help :)
Company vs Corporation
How long does it take to not be a California resident? I've lived in California my whole life recently moved overseas to ASIA I wanna form a LLC but do not want to form in California $800 annual fee looking at other cheaper states Wyoming how long do I need to be away from California not to be considered a resident ive heard if I form in another state I still need to pay tax to Cali.
Hi Shawn! California residency is defined by a number of factors, not only where you currently live. I would advise you to seek for professional legal help in this matter in order to declare your taxes correctly.
So LLC Is private and INC is public ?
Potentially they can both be private only inc can “go public”
LLC IS LIKE LLP IN INDIA THERE IS PARTNERS IN LLC
WHERE INC IS LIKE COMPANY
SO LLC CAN NOT GO FOR PUBLIC BUT INC CAN.
Corporate tax rate is now 21%
Thank you for noticing and pointing it out!
Switch of your background music please.