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Corporation Limited Liability Form

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Instructions and help about employee corporation company

[Music] Pro number two LLCs are flexible meaning you could have as many owners AKA members of the LLC as you want and in contrast to an S corporation where you are limited to 100 shareholders at LLC you have a million owners you could have one owner get 50 owners you have that flexibility also great with the flexibility of an LLC is compensation I'm going to use the S corporation example again we're an S corporation when you pay distributions out it's got to be Pro routed to ownership llc's you can divvy up the profits however you want you want to pay one shareholder 99 of the profits that's okay you want to pay another shareholder one percent of the profits that's okay as long as the members agree on how they're going to pay out the profits they can be distributed however they want

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