Should I create a C-Corporation?

The main reason on entrepreneur would want to become a Corporation is to raise capital because you want to issue multiple classes of stocks such as options and warrants to attract investors or you intend to sell your corporation in five years. Other secondary reasons to become a Corporation are because you have a foreign owner or you would like to take advantage of certain fringe benefits. The primary disadvantage to becoming a C Corporation is that there is a second level of tax on C corporation profits.

Speak Your Mind