Start your C-Corp formation by selecting a suitable name for your business.
Identify the best state for your C-corp. If you are unsure, our team is here to assist you.
Enter all the required information and complete the purchase. We will take care of your seamless C-Corp formation.
Our Packages
Simplify your US company registration. Establish your business as an LLC or C-Corp.
Ensure smooth operations with a U.S. business Employer Identification Number (EIN).
Open a U.S. personal bank account, file taxes, and build a personal credit history.
Stay compliant with annual report filing and federal tax return filing on time.
Obtain your reseller certificate to collect sales tax and optimize profit margins.
Submit quarterly sales tax with expert assistance. Stay compliant with state regulations.
Offerings | Rocket Wave | Doola | Firstbase | Bizee | Zen Business |
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Business Incorporation | $197+ State fees | $297+ State fees | $399+ State fees | $199+ State fees | $0+State fees (Only for US Residents) |
EIN | |||||
Operating Agreement | |||||
Registered Agent Service for 1 year | |||||
Mail forwarding service for 1 year | |||||
BOI Report Filing | |||||
24/7 Customer Support |
Parameter | LLC | C-Corp | S-Corp |
---|---|---|---|
Formation | Simple to form, and require less paperwork | Require to hold annual meetings. Formal paperwork. | More complex, and requires filing articles of incorporation |
Ownership | Members (can be individuals, companies, or other LLCs) | Shareholders (can be anyone) | Shareholders (restrictions apply: U.S. citizens/residents, certain trusts, limited number |
Liability Protection | Protects owners' personal assets from business debts | Protects owners' personal assets from business debts | Protects owners' personal assets from business debts |
Taxation | Pass-through entity: profits/losses pass through to owners' tax returns | Double taxation: A corporation pays taxes on profits, and then owners pay taxes on dividends | Pass-through entity (similar to LLC) if S-Corp election is made |
Management | Managed by members or managers as designated in the operating agreement | Managed by a board of directors elected by shareholders | Managed by a board of directors elected by shareholders |
Profit Sharing | Profits and losses can be shared flexibly among members | Profits distributed as dividends to shareholders | Profits are distributed as salaries (to S corporation shareholder-employees) and remaining profits are passed through to shareholders' tax returns |
Formalities | Fewer formalities: less strict record-keeping and meeting requirements | More formalities: required to hold annual meetings, maintain minutes, and follow corporate governance procedures | More formalities than LLC, but less than C-Corp |
Fundraising | Can raise capital through member contributions or debt financing | Can raise capital through issuing stock and debt financing | Can raise capital through issuing a limited class of stock (restrictions apply) |
A C-corporation is a legal business structure separate from its owners (shareholders). It offers limited liability protection and allows for raising capital through issuing various classes of stock.
Requirements vary slightly by state but generally involve filing articles of incorporation with the Secretary of State, appointing a board of directors, and obtaining an Employer Identification Number (EIN) from the IRS.
Costs vary depending on your state’s filing fees. Please sign up with Rocket Wave to get the pricing for different states.
It’s not mandatory unless you have specific legal concerns. Forming a C-Corp with Rocket Wave can be a more affordable option.
This legal document outlines the corporation’s basic structure, including its name, purpose, and initial stock issuance.
An S-Corp is a tax election for a corporation that allows profits and losses to pass through to shareholders’ tax returns. However, S-Corps have stricter ownership limitations compared to C-Corps.
There are generally no restrictions on the number, type, or residency of shareholders in a C-Corp.
A C-Corp is managed by a board of directors elected by the shareholders. The board appoints officers like CEO and CFO to oversee daily operations. (This differs from LLCs, which can be member-managed or manager-managed). Read the blog to understand the difference between an LLC and a C-Crop.
Yes, you can be the sole shareholder of a C-Corp. However, separate business and personal finances are still crucial.
The annual filing fees and franchise taxes for fa C-Corporation vary depending on the state in which itβs registered. For accurate information, please read this article.
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