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To form C-Corp company status, you must adhere to various state laws governing incorporation practices. The basic structure of a C-Corp is primarily the same in all states. However, each state has different corporate laws to which your Ccorp company will be subject, as well as various benefits you may enjoy in one state versus the other. While you can file to incorporate your company on your own, it is best to seek incorporation advice from an expert.
Unlike an S-Corp, a C-Corp company has no pass-through taxation. Additional characteristics of a C-Corp include: limited liability for shareholders, ability to own, sell or transfer property, file lawsuits and conduct business transactions just as any individual. With a C-Corp company, you can also easily add shareholders and sell business interest to other investors. A C-Corp is not directly affected and can continue on despite owner deaths, interest transfers and other circumstances. Take the following steps when forming a C-Corp company:
1. Explore the benefits associated with a C-Corp company.
2. File your paperwork online to form a C-Corp company.
3. Find a form C-Corp provider to help you start C-Corp business.
Action Steps
The best contacts and resources to help you get it done
Go public with a Ccorp company
Business owners who form C Corp companies enjoy the benefits of easily issuing stock and the potential of going public. A professional firm, skilled in setting up the different types of businesses such as an S-Corp, C-Corp and LLC.
I recommend: You can get a fast quote on C Corp filings services from BizFilings. Direct Incorporation offers affordable fees and advice to help you form C-Corp company.
File required paperwork online to register C Corp company status
To register C-Corp companies, you must file a range of documents with your state and comply with all Internal Revenue Service C-Corp filing guidelines. Be sure to seek professional business services to ensure you file all appropriate documentation in a timely and legal manner
I recommend: MaxFilings helps businesses files all necessary paperwork associated with the formation of C-Corp companies. INCFile.com provides a range of packages to help individuals form C-Corp companies.
Talk to an attorney about qualifications to form C-Corp company
To be eligible for C-Corp status, there are specific criteria that business owners must meet and a broad range of paperwork that must be filed in a timely manner. Consulting with an attorney is wise because it saves you time and resources in incorporating your business.
I recommend: Novak Law Offices is a law firm that has extensive experience advising business owners on the tax implications and other advantages and disadvantages involved with S-Corp, C-Corp formations as well as other business structures. Richard S. Kempes, Esq. is an experienced corporate lawyer experienced in C-Corp and S-Corp business formations.
Tips & Tactics
Helpful advice for making the most of this Guide
- • You do not have to form C-Corp company status in the state in which you live. Consult with an experienced attorney, accountant or a form C-Corp provider to help you better understand state laws, benefits of filing in different states and tax implications.
