By Garrett Sutton, Esq.
Here is a quick list of c corporation advantages:
- They can have an unlimited amount of shareholders, from anywhere in the world.
- For Nevada and Wyoming corporations, officers and directors can reside anywhere in the world. This can be a boon for foreign investors.
- They can have several different classes of shares.
- They are the most widely recognized business entity in the world, and are the premier entity for going public. In Nevada and Wyoming, nominee (or stand-in) officers and directors can be utilized, adding extra levels of privacy.
While we like and often use S-Corporations, we keenly appreciate the advantages of C Corporations. They certainly have their merit and a place in your entity structure strategy.