LLC Set-up II

How many directors needed for the LLC?

For an LLC, need a Director according to the Commercial law Article 561, with the following requirements;

A. Non-Resident

No restrictions at all, but No North-Korea Passport holders.

B. Resident

- VISA Holder with a proper work-permit

So E series visa holder need another work permit for this, so could be a problem.

Comparing C-Corp, an LLC do not need an auditor, and no need to extend the directorship every 3 years like the C-Corp.

1. name of the company

2. name of the directors

3. name of the shareholders

4. business address

5. purpose of the business

6. paid-in-capital

Any questions, Please email me to jz@taxjz.com