Startup Terms Glossary
What is a C Corporation?
C-corporations, also known as C-corps, are legal entities owned by startup shareholders. They are named after their Internal Revenue Code subchapter. A C-corporation is taxed at the business and shareholder levels, resulting in double taxation at the state and federal levels.
C Corporation Examples
Examples of C-corporations include:
- Example 1. Larger corporations
- Example 2. Delaware C-Corps
- Example 3. Typically startups seeking capital
- Example 5. Businesses going public
Here’s a web page about C-corporations.