C-Corp

A C-Corp (C Corporation) is a legal business structure recognized as a separate entity from its owners, known as shareholders. This means the company can own property, enter contracts, and be taxed independently. The main advantage is limited personal liability—shareholders are only responsible for the money they invested. C-Corps can raise capital by selling shares and can exist indefinitely. However, they face more regulations and are subject to double taxation: profits are taxed at the corporate level, and dividends paid to shareholders are taxed again on their personal returns.