Please choose the right Corporation order package

 

C Corporations :

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.

Standard Package:          $35 + State filing fees

  • Unlimited lifetime customer support.
  • Order processed within 24 hours.
  • Free Name Availability search.
  • Preparation and filing of all formation documents.
  • Disbursement of all requisite State fees.
  • Electronic delivery of all formation documents the Same Day of filing.
  • 100% Satisfaction Guarantee.

Ultimate Package:          $299 + State filing fees

  • All of the benefits of the Standard Package as well as:
  • Certified copy of formation documents.
  • Full Corporate Kit.
  • Vinyl 3-ring Binder with matching slipcase.
  • Hand embossing seal with pouch.
  • Customized Stock Certificates.
  • Customized Minutes & Bylaws.
  • EIN SS-4 Form for easy preparation and filing.
  • Expedited State filing fees.

Is a C corporation right for you?

A C corporation is the most common type of corporation, but it isn’t the right choice for everyone. C corporations protect owners, called shareholders, from liability so they are not personally responsible for debts, lawsuits and other liabilities incurred by the company. A C corporation is a legal entity formed at the state level, and offers tax advantages such as deducting employee benefits. A C corporation is a common structure for growing businesses, but it may not be the best choice for small businesses

C Corporations have many advantages:

  • Shareholders are generally not personally liable for the debts and liabilities of the C corporation
  • Unlimited number of owners, or shareholders.
  • Ownership transferable through sales of stock.
  • Business continues after death of an owner.
  • Salaries paid to owners are tax deductible to the C corporation.
  • Owners are not taxed on corporate earnings, unless distributed to them as dividends.
  • Owners are not taxed on corporate earnings, unless distributed to them as dividends.
  • The corporation pays taxes on its own income at C corporation rates.
  • Capital can be raised by selling of stock.
  • A C corporation can use its earnings for business needs instead of distributing them.
  • A C corporation may be viewed as more legitimate than an LLC or sole proprietorship.
  • Less likely to be audited.
  • May use business expenses as tax deductions.
  • Owners who work for the business are deemed employees for tax purposes.

C Corporations have responsibilities:

  • Regularly update bylaws.
  • Hold and document annual directors/shareholders meetings.
  • Understand and comply with tax requirements.
  • Many other responsibilities to remain in legal compliance.

Steps for starting a C Corporation:

  1. File Certificate of Incorporation with the state and pay filing fees.
  2. Hold an initial meeting of directors and shareholders and adopt by-laws.
  3. Issue shares of stock to owners.