Corporation

• Triple Bottom Line
  • Profit
  • People
  • Planet

Categories

• Partnership
  • Unlimited personal liability
  • Taxed as personal income
• Limited Liability Company (LLC)
  • Limited personal liability
  • Taxed as personal income
• S Corp
  • Must meet specific Internal Revenue Code
  • Limited to 100 shareholders, must be U.S. citizens of residents.
  • Limited personal liability
  • Taxed at individual tax rates.
• C Corp
  • A legal entity separate from owners
  • Limited personal liability
  • Subject to corporate income tax
  • Must adhere to strict corporate formalities and reporting requirements.
• Benefit Corp (B-Corp)