A C corporation (C-corp) is a type of legal structure for a business that is formed as a separate legal entity from its owners or shareholders. This means that the corporation itself can enter into contracts, own property, and conduct business activities, rather than the owners or shareholders having direct control over these aspects.

One of the main characteristics of a C-corp is that it is taxed separately from its owners or shareholders, meaning that the corporation itself pays income tax on its profits, and then the owners or shareholders also pay taxes on any income they receive from the corporation, such as dividends or salaries. C-corps are also typically subject to more regulations and formalities than other types of business structures, such as limited liability companies (LLCs) or sole proprietorships.

Turnaround times for incorporation vary by state but is typically two to four weeks. Many states are currently working through extensive backlogs and normal processing may be months.

We offer expedited processing for every state which generally reduces the turnaround time for incorporation to several business days (or same day, in some cases).

The cost to form a corporation varies by state. To view the cost for a specific state, select a package above. Once you select a state, the state fee will be added to your total.

A corporation is a separate legal entity from its owners or shareholders. It is managed by a board of directors elected by the shareholders, who also have the power to issue stocks to raise money. A corporation can continue to exist even if its owners or management changes.

An LLC is a more flexible business structure. The owners of an LLC have more control over how the business is run and are not required to have a board of directors. An LLC offers similar liability protection as a corporation, meaning that the owners’ personal assets are protected if the business is sued or incurs debts.

In terms of taxes, a corporation is taxed separately from its owners or shareholders, where an LLC can be taxed as a pass-through entity, which means that the business itself does not pay taxes, and instead, the owners report the profits and losses on their personal tax returns.

The choice between an LLC and a corporation depends on the specific needs of the business. While a corporation offers more formalities and can raise capital through stocks, an LLC is more flexible and can have tax advantages. We recommended you consult with your accountant or attorney to determine the best legal structure for your business.

You’ll receive your filed and finalized documents straight to your email.

There are many advantages to incorporation for business owners. We’d encourage you to speak with your attorney or accountant before determining what entity type is best for your business.

Frequently cited advantages of incorporation include:

• Limited liability protection to shareholders
• Access to capital
• Perpetual Existence
• Tax benefits
• Employee incentives
• Increased credibility

Learn more about how corporations are taxed by visiting the IRS website here.