Middlesex County Business Attorney Discusses the Advantages of a Connecticut Corporation vs an LLC

When I am asked as a Middlesex County Business Attorney about the advantages of Connecticut corporation over an LLC, I always say that you have an advantage of free transferability of your companies shares and limits on shareholder liability.  As a corporation you also have the potential of dual-taxation on the company.  Also, as a Middlesex County Business Lawyer that a disadvantage of running a corporation is having to run yearly meetings and quarterly directors meetings.

If you ever have any questions of the advantages of a Connecticut Corporation over an LLC, contact our experienced Middlesex County Business Attorney.

This informational video was brought to you by Attorney Eric L. Foster, an experienced Middlesex County Business Attorney.