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A LLC gives entrepreneurs in the U.S. the freedom to classify themselves as a corporation or as a partnership. When it comes to paying taxes, this is an important decision. If the founders do not decide, their LLC will automatically be classified as a partnership. However the LLC is classified in the U.S. does not necessarily affect its status in Germany if it is active there and generates taxable income. In Germany, the tax authorities decide. A company in the U.S. determined to be a LLC partnership could be classified as capital company in Germany. However, the shareholders can contract (Operating Agreement) to formulate a LLC so that the LLC is almost always classified in Germany as the founders intended.
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From the first moment, with ALTON LLC we were confident, and could instead focus on our business. With its competent team, ALTON LCC was always been there for us. Small as well as big jobs were done to our complete satisfaction. And, Mr. Karagoz did not hesitate to tackle even the most complicated tasks. I am always happy to do whatever I can to thank him for all his help. - Andreas Jenny (AutoGlobalTrade AG)
