vadimivich
Well-known member
I live in Austria, and have been working as a consultant for the past year and a half. Recently this has meant that I'm doing more and more work in the US and I have an opportunity to sign a more permanent contract with the US branch of one of my clients.
I would like to establish myself as either an S-Corp or an LLC going forward for work in the US, and I would be based out of Nevada (I qualify for residency there if I so choose). I would be working for myself, with no partners, and no plans to take on one. At various times I might have 2 or 3 consultants at a max who would be working for me on part time basis, but this is not likely to be common for now.
So - explain to me why I should pick S-Corp over LLC or vice versa.
I would like to establish myself as either an S-Corp or an LLC going forward for work in the US, and I would be based out of Nevada (I qualify for residency there if I so choose). I would be working for myself, with no partners, and no plans to take on one. At various times I might have 2 or 3 consultants at a max who would be working for me on part time basis, but this is not likely to be common for now.
So - explain to me why I should pick S-Corp over LLC or vice versa.