If you just want to have your company in USA and if you don’t want to get busy with any paperwork to maintain your company, then LLC is your company type. Even though you can not open your company for inverstors in the future, you will surely enjoy taxation and limited liability advantages. The most attractive point of LLC is that there is no annual meeting or minute book requirement. Plus, you can define any shareholder easily with an LLC operating agreement.
Let’s say you have a brilliant idea or you want to setup a company with a big growth potential, then you company type is surely a “Corporation“. You can define company shares and you can open your company for inverstors to become shareholder in your company to get more and more money flow into your company. However, you need to be aware of some important procedures of maintaining a corporation such as keeping annual meeting records and following strict procedures about shareholders of the company.