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Could you elaborate and compare to a US Inc., rather than a LLC? There are several reasons to prefer a Inc vs a LLC. Without entering into a battle, I refer to
by ecesena 12y ago
Could you elaborate and compare to a US Inc., rather than a LLC?
There are several reasons to prefer a Inc vs a LLC. Without entering into a battle, I refer to Sam Altman lecture [1].
From http://www.srlfacile.org http://www.srlfacile.org (translated):
> In the UK, the cost of a "Ltd" (Limited) varies from 25 pounds for a basic package, 250 pounds 'all inclusive'. In the United States, create a "LLC" (Limited Liability Company), it costs 50 to $500 depending on the state in question, and you can do everything through the site in many cases.
My fear, in some sense, is that we go towards something which is better than the current Italian Srl, but with the drawbacks of a LLC vs Inc. I'm not criticizing, just asking for clarifications.
[1] http://startupclass.samaltman.com/courses/lec18/ http://startupclass.samaltman.com/courses/lec18/
- davidw 12y agoAn Inc is the equivalent of an Italian SPA, which is even more expensive to register and maintain than an SRL. I went for the SRL's because it's low hanging fruit. If you compare an Inc in the US to an SPA in Italy, it's even more in favor of the US, although unlike an LLC with a single owner and pass through taxation, I think with an Inc, you're going to want to get an accountant and lawyer involved from the get-go.