A C Corporation, often simply called a C Corp, is the most common type of corporation in the United States. It's a legal entity separate and distinct from its owners, offering significant advantages, particularly for businesses seeking to raise substantial capital or eventually go public. Unlike pass-through entities like LLCs or S Corps, a C Corp is taxed independently. This structure is favored by venture capitalists and angel investors due to its established framework and potential for growth. Forming a C Corp involves a more complex process than forming an LLC, including stricter compliance requirements and the need for a board of directors and regular shareholder meetings. However, the legal protections and flexibility in ownership structure it provides can be invaluable for ambitious entrepreneurs. Lovie specializes in guiding businesses through this intricate formation process across all 50 states, ensuring compliance and setting a strong foundation for your venture.
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