Both an LLC and a corporation give you a liability shield to protect your personal assets against business liabilities. But an LLC is much more flexible so that you can tailor the structure of your organization to your particular needs, your owners and your investors. An LLC doesn’t need shareholder meetings, doesn’t need a board of directors or board of directors meetings. You can choose how it’s taxed. An LLC can be taxed as a C-Corporation or an S-Corporation or a partnership.
So consulting with an attorney can help you structure your LLC in a way that exactly meets your needs and what your goals are.