A C corporation is the most common business structure and is formed at the state level. It is a separate legal entity that is owned by a shareholder or shareholders.

Advantages:

The shareholders are generally not personally liable for the debts and liabilities of the C corporation.

• C Corps can have an unlimited number of shareholders with no limit on stock classes.
• A C Corp can exist beyond the death of the owners.
• A C Corp may issue and sell stock to raise capital.
• C Corps may also issue and sell stock to transfer ownership between investors.