What is a Corporation?

Wondering if incorporation is right for your new business? First, you've got to know what it means! https://www.incfile.com/form/s-corpor... Corporations are broken down into three categories: C Corps -- best for bigger businesses with lots of shareholders and the ability to buy and sell stock https://www.incfile.com/what-is-c-cor... S Corps -- best for smaller businesses that want the benefit of pass-through taxation https://www.incfile.com/what-is-s-cor... Nonprofits -- benefit the public and are considered tax-exempt https://www.incfile.com/what-is-non-p... 00:10 What is a Corporation? 00:30 Limited Liability 00:49 Corporate Income Tax 01:04 Three Types of Corporations 01:05 S Corps 01:09 C Corps 01:15 Nonprofits 01:21 Incfile Guides 01:31 Incorporate with Incfile Incfile is the easy, hassle-free way to form your corporation. We've helped 500,000+ businesses get their start, and we can help yours, too. Learn more about how Incfile can support you as your work toward your dream of entrepreneurship. https://www.incfile.com/how-it-works #incfile #smallbusiness #formabusiness #businessstructure #ccorp #scorp #nonprofit #corporation #s-corporation #c-corporation #nonprofit #business