Corporation (C-Corp)

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A for-profit Corporation document that Dynasty Legal Documents prepares is a ā€œCā€ Corporation (referring to Chapter ā€œCā€ in the IRS code).

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What is a Corporation?

Corporation definition: a company or group of people authorized to act as a single entity and recognized as such in law.

In Arizona this could be a “for-profit” or “non-profit” corporation. You may see this coded by the I.R.S. as S corp, C corp or 501c3 corp and a common opportunity to learn is these are only related to tax status not corporation type.

Allows your business to be its own entity.

Legally separate from you to provide protection. This could also allow your business to enter contracts

Stock Options

Converting or starting your business as a C-Corporation opens the ability for stock options.

International Business

Corporations are recognized in most countries allowing you to establish and conduct business there given adherence to all applicable laws.