MIT CEO Law Series Season2: Coopertation vs. LLC, Tax-Exempt State vs. Delaware
As the saying goes, starting a business is hard to come by. When I first started to register a company, I was stumped by a group of people. If the registration is wrong, it is the first step. As a founder or co-founder, it is necessary to have basic common sense of American company law. I believe If you are just entering the entrepreneurial pool, you must have the following questions:
What are the common types of companies in the United States?
What is the difference between C corp, S corp and LLC (Limited Liability Companies)?
What are the pros and cons of these three company types?
What kind of company should we choose to register for business?
And what about the more important tax issues?
The consumption tax of the 50 states in the United States, as seen here, the tax rate of Delaware is actually 0! But look again, are so many companies registering in Delaware because the sales tax is 0? But what is the relationship between consumption tax and corporate financing and listing? The answer is, it doesn't matter! So why do so many companies choose Delaware?
Ding Ding Ding! Don't worry, the savior of the legal blind is here!
In this lecture by lawyer Liu, we will explain from four aspects:
1. Give a brief introduction to the above three types of companies
2. Who is suitable for different types of companies
3. Why many companies choose to register in Delaware
4. Summary of Interstate Taxes
Event Information
Online Events Zoom Platform
Activity time
ET: Saturday, March 5th 21:00 - 22:00
Beijing time: Sunday, March 6th 10:00 - 11:00
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(Friends who are already in any MITCEO legal community do not need to join the group repeatedly)