LLC or Corp for Holding company.

sbcroix

Me and some partners are getting ready to start a holding company, our conundrum is that none of us is sure if we sshould go for a Corporation or an LLC for the holding company.  Does anyone have any experiance with this?

Meitzi

I attended a training course sponsored by SBDC yesterday and got some information on LLC / S Corporation comparison in detail.  If you think this might be useful I can scan these document and email you.

sbcroix

It might be interesting to see it.  We are fairly new to the idea of starting a company.  We started as an investment club, and we want to continue to operate that way but as a company that invests in smaller companies and / or projects.
I`ve read a lot of information online, but mostly they all say the same thing and none of them are real detailed.  So thanks for the offer.
 

Meitzi

scanned to PDF .. would you like me to email the file to you?

paul2145r

Well, I think LLC would suit you fine, unless you have 35+ members.. In that case, it gets a bit ungainly. Alsy, Meitzi, do you think you could send those to me also? I would be much abliged!

Meitzi

no problem ... email?

calvinjr

What about the  holding company information?  I am doing a few things and would like to set that up and would like more information about it...C.     

Meitzi

Bianca - someone mentioned to me recently that business can be incorporated in a different state, such as Delaware or Nevada. Is that legal?