TeX Live is a free software distribution for the TeX typesetting system that includes major TeX-related programs, macro packages, and fonts. Developed by TeX Users Group
License: Open Source
TeX Live is a powerful, offline LaTeX distribution ideal for advanced users, while Overleaf offers a user-friendly, online platform designed for collaboration and ease of use. TeX Live is better suited for extensive projects requiring customization, whereas Overleaf is perfect for quick document creation and teamwork.