In today’s podcast, we discuss some practical operational differences between limited liability companies (or, “LLCs”) and corporations. We’re specifically interested in covering what corporate formalities are required for the 2 different types of business entities, and what are the differences and similarities.
One of the big attractions (to some) of LLCs is the almost complete LACK of legal requirements for annual corporate formalities. I want to drill down a bit on this and examine how true this is, both in legal reality and in practical reality.
My guest today is Michael Steger, Principal of Law Offices of Michael D. Steger, PC, a firm with offices in New York City. Mike’s practice focuses on litigation, intellectual property, entertainment, media, and corporate and other business matters.
Please click the link below for the podcast.
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