ICT

Why Apple and Google Choose a Limited Liability Company (LLC) over a Corporation (Inc.) in Korea?

1. Apple “Inc.” versus Apple Korea “LLC”  “Apple’s headquarters in the US is Apple Inc. Meanwhile, its Korean branch is Apple Korea LLC.”   <Korean branches of multinational companies such as Google, Apple, Microsoft, Chanel and Hermèsare all limited (liability) companies> “Stock company”, “limited company” and “limited lability company” are types of company under the Korean Commercial Act. Companies recognized by the Commercial Act are divided into five categories: partnership

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