• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

Trading as a corporation

sak

Joined
8/16/09
Messages
84
Points
18
I am sure a lot of people are day trading on this forum. Does anyone have experience registering as an LLC and hence trading under the corporation's name ?
 
I am sure a lot of people are day trading on this forum. Does anyone have experience registering as an LLC and hence trading under the corporation's name ?
I do not see any material benefit to doing that...What's your motivation?
 
Depending on your country , you might not have to register as a business. In Australia for example, you may opt to register yourself as a trader with the tax department, meaning that you have something paraphrased as "an identifiable system of trading that you use to generate profits as an investor". As a result, you lose the ability to claim "long term" (read 1+ year) capital gains offsets, but you gain the ability to use those same trading gains as income, instead of capital gains...

What I'm saying is basically, depending on what you want to achieve, you might be able to do this as an individual with a little research, and be careful at looking into what you lose as the trade-off for any particular course of action.
 
Back
Top