C-Corp – C-Corporations are the typical corporate model for businesses and equity companies that involve stock. The primary component that differentiates a C-Corp from other legal forms of business is that the C-Corp is taxed by the IRS and government independently from the individual owners of the stock. This means that when a C-Corp makes profit, it doesn’t directly affect the tax status of the stock owners unless the owner sells their stock or receives substantial dividends. Some people call this the “double tax” model as both the corporation and the individual owner are taxed on profits and income respectively. The purpose of a C-Corp is to make profit, and the Shareholders collectively have the full power to appoint and remove all Board members, the highest decision making body of a Corporation. The cost to sponsor a C-Corp would be a maximum of $15/month plus a % incoming cash flow you would determine yourself.