C Corporation

A C-Corporation is a type of business structure that is legally separate from its owners, providing them with limited liability protection, meaning their personal assets are generally safe from business debts. C-Corps can raise money by selling shares and are taxed separately from their owners. This leads to "double taxation," where the corporation pays taxes on its profits, and shareholders pay taxes on dividends. C-Corps can have unlimited shareholders, making them suitable for larger businesses looking to grow or attract investment. They also have more regulatory requirements compared to simpler business forms like sole proprietorships or partnerships.