Ask HN: LLC vs Corporation in CA (single student founder)
Here's the story:
I'm a current college student and am forming my first company. It is a non-traditional advertising company (I'll post some more info in about 2 weeks when its finished... I'm super pumped for it).
Basically what do you guys think on LLC vs Corporation in California?
A couple things I don't like about an LLC: -800 dollar yearly fee due within 75 days of forming.
-I have heard people say its a pain if you want to get funded later if you are an LLC (although its possible).
Things about corporations I find interesting: -double taxation?
-You can waive the first year operating fee
Thoughts?