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Karla Arana, Yazmin Quintero, and Salvador Garcia

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Presentation on theme: "Karla Arana, Yazmin Quintero, and Salvador Garcia"— Presentation transcript:

1 Karla Arana, Yazmin Quintero, and Salvador Garcia
C-Corporation Karla Arana, Yazmin Quintero, and Salvador Garcia

2 C-Corporation C-corporation is a formation of many large and small businesses. If corporate formalities are followed the owners of c-corp. Will enjoy limited liability protection C-corporation have a rigid set of taxation responsibilities Employers by default will technically be an employee because of this you'll need to file monthly payroll deposits the first year and abide by all other employer related rules and regulations

3 Forming a c-corp Forming a c-corp is more involved than other entities
You have to file Articles of incorporation It requires a fee around one hundred and fifty dollars and send paperwork filled by state Also identify a registered agent which can cost $40 to $60 dollars a months, will provide a legal address Where there are people available during normal business hours to facilitate the legal service of process being served in an event of a lawsuit (these are just the basics)


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