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Formation of LLC for crowdfunding

Asked by: Kirtikumar Vajor - 24 January, 2014
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 I want to start LLC for Biogas CNG project and Bollywood Film production House in India and want to raise capital bycrowdfunding
Answered by: Ray Albert - 25 January, 2014
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Dear Kirtikumar,

You may register an LLC by simply applying online, without having to provide any financial or identification documents, and you don't need to be a U.S. citizen or resident. You may also list your Indian company as partial or whole owner of the LLC.

If you are looking to raise capital, you may want to consider registering a C-Corporation, so that you may have investors and shareholders, and be able to issue stock in the company. Please click here to compare LLC vs. Corporation side-by-side.

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