A C Corporation is a legal structure for businesses where the company is a separate legal entity from its owners (shareholders). It is subject to corporate income tax and offers limited liability protection to its shareholders.

C Corps are subject to corporate income tax on their profits. Shareholders are taxed on any dividends they receive, leading to the concept of "double taxation."

Yes, C Corps can have an unlimited number of shareholders, and ownership is not restricted by citizenship or residency requirements. Anyone, including individuals, other corporations, or foreign entities, can own shares.

While both are corporations, the key difference lies in taxation. C Corps are subject to double taxation, while S Corps are pass-through entities, meaning profits and losses pass through to the shareholders' personal tax returns

Advantages include limited liability, the ability to raise capital through the sale of stock, perpetual existence, and the flexibility to offer employee benefits.

To form a C Corp, you typically need to choose a unique business name, file articles of incorporation with the state, appoint a board of directors, issue stock, and hold an initial organizational meeting. Foundeck handles all these procedures and requirements on your behalf.

While C Corps don't have operating agreements like LLCs, they adopt bylaws that outline the corporation's internal rules, including the responsibilities of directors and officers.

Yes, C Corps can issue shares to the public through an initial public offering (IPO) to raise capital and become publicly traded companies.

Shareholders elect a board of directors, and the board appoints officers to manage the day-to-day operations. Shareholders may vote on major decisions, especially those affecting the corporation's structure or significant transactions.

Yes, C Corps must adhere to various compliance requirements, including filing annual reports, holding regular shareholder meetings, and maintaining proper record-keeping. Foundeck can help handle all major compliance requirements.