LLCs compared with C-Corporations

I am subject to taxation in the USA. Which is the better solution: LLC or C-Corporation?
If you are already subject to taxation in the US, the LLC is unproblematic and recommended.
Wed, 6 Jan, 2021 at 7:46 AM
Why do you recommend the corporation?
In contrast to the LLC, the tax-status of the corporation is very clear and simply arranged. The corporation, therefore, provides much greater legal certain...
Wed, 6 Jan, 2021 at 7:46 AM
Can’t one open an account for an LLC outside the USA?
Many non-US banks refuse to do this. In addition, all non-US banks have been participating in the OECD CRS automatic international exchange of informati...
Wed, 6 Jan, 2021 at 7:46 AM
Why can’t you create tax-free LLCs?
We only open US accounts for US companies. Recently published rules require a manager or shareholder who lives in the USA, because US banks no longer op...
Wed, 6 Jan, 2021 at 7:46 AM
Do LLCs really pay no taxes?
An LLC is never subject to taxation, as is customary in all partnerships. The shareholders are always taxed. If none of the LLC’s shareholders lives in the ...
Wed, 6 Jan, 2021 at 7:47 AM