Corporation or LLC? Business Organizations for Tech Startups.
YoungUpstarts
AUGUST 25, 2015
While the standard is that ownership is determined based on each owner’s contribution to the LLC, the Articles of Organization or the company’s Operating Agreement can change this, so the amount any owner invests does not necessarily determine the member’s share in profits (or losses) of the company. Verdict : It’s a tie! Verdict : LLC.
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