WHAT IS A C-CORP?
A C-Corp is what most people think of when they hear the word “corporation.” Most large companies are filed under this structure, as it offers the most asset protection and tax-related options for business owners. It is also typically the only choice for owners that would like to be taxed separately from their company.
Choosing the C-Corp structure for your business isn’t the best choice for everyone. Filing as a C-Corp requires a great deal of paperwork, as well as formal processes that must be carefully and regularly filed. C-Corps are often also more closely monitored than other types of businesses because they are one of two types of corporations that can issue stock to the public.
Ability to take the company public and issue stock
More attractive structure for investors
A possible lower tax rate
Double taxation (company and personal income; more on that below)
If you’ve decided that forming a C-Corporation is right for your company, EBW-Services is here to help you handle all the filings to start your business and keep it compliant.