florida profit corporation VS LLC ( Florida )?

1. The position is as under:

2. Profit Corporation:

a) A for-profit corporation is a special type of legal financial and legal structure that offers a business some distinct advantages. The most important is “limited liability.” Investors in the business are liable only for the money they have actually invested. If the business runs into trouble, its creditors can only seek to recover their money from the corporation’s assets. Other money and property owned by the investors cannot be touched. Thus, if you follow these steps to create a for-profit corporation in Florida, your risk is limited to the money you invest.

b) For guidelines, please read:

http://www.ehow.com/how_4457714_create-profit-corp...

3. LLC:

a) A limited liability company (LLC) is a flexible form of enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation; it is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions.

b) LLCs do not need to be organized for profit.

c) Certain types of businesses that provide professional services requiring a state professional license, such as legal or medical services, may not form an LLC but use a very similar form called a Professional Limited Liability Company (PLLC).

http://en.wikipedia.org/wiki/Limited_liability_com...

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