Hassle-free C-Corp Formation Service

A C-Corp 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 and if you use a service for assistance.

It’s not mandatory. Rocket Wave can be a more affordable option to start your US C-Corp. 

• Choose a business name and check availability.
• File articles of incorporation with your state.
• Hold an initial board meeting to adopt bylaws and elect officers.
• Obtain an EIN from the IRS.
• Open a business bank account.
• Consider additional licenses and permits required for your industry.

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, avoiding double taxation. 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).

Yes, you can be the sole shareholder of a C-Corp. However, separate business and personal finances are still crucial.

C-Corps face double taxation. The corporation pays income tax on its profits, and then shareholders pay taxes again on dividends received.

If you actively work for the corporation, it’s recommended to pay yourself a reasonable salary to avoid IRS scrutiny.

C-Corps can raise capital by issuing different classes of stock (common, preferred) to investors. This allows them to sell ownership stakes and raise significant funds for growth.

Yes, C-Corps can qualify for certain tax deductions, but not all deductions available to sole proprietorships or partnerships.

C-Corps typically need to file annual reports with the state and federal tax returns with the IRS. Specific requirements may vary by state.

Yes, C-Corps are required to hold annual meetings of shareholders and board of directors to discuss business matters and elect officers.