A C Corporation brings your business greater credibility and growth potential. It differs from S Corporations and LLCs in taxation, ownership, and the ability to raise capital through stock.
Name availability check
Availability verification and reservation of your desired business name.
Preparation and filing of documents
Expert & error-free preparation and filing of all legal documents and Articles of Incorporation with the state.
Designated customer service
Throughout the process, you have access to designated customer service. If you have questions before or after, we are here to assist.
Because they can issue multiple classes of stock and have an unlimited number of owners, C Corporations are ideal for attracting venture capital and other types of equity financing - like crowdfunding. Their well-established governance rules provide peace of mind for investors, lenders, and creditors, and they can structure payroll to reduce taxes.
Contact A SpecialistForm a legal entity that provides credibility while also protecting the owners’ personal assets from creditors.
Contact Us TodayWhat is a C Corporation?
A C Corporation (also known as a “C Corp”) is a legal entity that protects the owners’ personal assets from creditors. It can have an unlimited number of owners and multiple classes of stock. Unlike an S Corporation or an LLC, it pays taxes at the corporate level.
What steps must I take to form a C Corporation?
You must file Articles of Incorporation with the state where you’re based and designate a Registered Agent to receive official and legal documents on behalf of your business. You must also obtain an employer ID number (EIN), which is often required for tax purposes and business banking.
What compliance rules must I follow as a C Corporation owner?
C Corporations need to have shareholders, directors, and officers. They must hold director and shareholder meetings, keep corporate minutes, and allow shareholders to vote on major corporate decisions. Your C Corporation also needs to file annual reports and maintain good standing in state(s) where you’re incorporated.
Can I change my corporation status or convert to an LLC in the future?
Yes, you can convert an S Corporation to a C Corporation or an LLC should your business needs change. The decision to convert must be approved by the shareholders. Conversion planning depends on your company’s specific circumstance, so be sure to discuss your plans with a legal professional.
Trust Incorporators.com, Inc to navigate compliance anywhere you do business.
Contact Us Today