GLMS, Corp

Arizona - Missouri - Kansas - Costa Rica

USA +1 602.529.2481 E-mail: Info@globallatinosmultiservices.com

Fax 480.245.6862  CR 011 506 8301-2325

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Disclaimer: Communications between you and GLMS Corp are protected by our Privacy Policy but not by the attorney-client privilege or as work product. GLMS provides access to independent attorneys and self-help services at your specific direction. We are not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies. Your access to the website is subject to our Terms of Use.

© Global Latinos Multiservices, Corp. All rights reserved.AdChoices  |  View Site Directory

Disclaimer: Communications between you and GLMS Corp are protected by our Privacy Policy but not by the attorney-client privilege or as work product. GLMS provides access to independent attorneys and self-help services at your specific direction. We are not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies. Your access to the website is subject to our Terms of Use.

© Global Latinos Multiservices, Corp. All rights reserved.AdChoices  |  View Site Directory

Disclaimer: Communications between you and GLMS Corp are protected by our Privacy Policy but not by the attorney-client privilege or as work product. GLMS provides access to independent attorneys and self-help services at your specific direction. We are not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies. Your access to the website is subject to our Terms of Use.

© Global Latinos Multiservices, Corp. All rights reserved.AdChoices  |  View Site Directory

Disclaimer: Communications between you and GLMS Corp are protected by our Privacy Policy but not by the attorney-client privilege or as work product. GLMS provides access to independent attorneys and self-help services at your specific direction. We are not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies. Your access to the website is subject to our Terms of Use.

© Global Latinos Multiservices, Corp. All rights reserved.AdChoices  |  View Site Directory

Disclaimer: Communications between you and GLMS Corp are protected by our Privacy Policy but not by the attorney-client privilege or as work product. GLMS provides access to independent attorneys and self-help services at your specific direction. We are not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies. Your access to the website is subject to our Terms of Use.

Global Latinos Multiservices, Corp © 2018 : PRIVACY POLICY

Why choose a C corporation?

 

When registering a company, C corporation or C corp is the most common corporation type, but it isn’t always the top choice for small business owners. C corporations provide limited liability protection to owners, who are called shareholders, meaning owners are typically not personally responsible for business debts and liabilities. Starting a C corporation may also offer greater tax advantages because of an expanded ability to deduct employee benefits, which are most often used by growing businesses.

 

C corp advantages

 

Starting a C corporation typically provides a number of advantages:

 

Limited liability protection. Owners are not typically responsible for business debts and liabilities.

 

Unlimited owners. C corps can have an unlimited number of shareholders.

 

Easy transfer of ownership. Ownership is easily transferable through the sale of stock.

 

Unlimited life. When a C corporation’s owner incurs a disabling illness or dies, the corporation does not cease to exist.

 

Owners take reasonable salaries. Salaries paid to owners of C Corporations, though taxable to them as salary, are deducted from C Corp profits for income tax purposes.

 

Owners are not automatically taxed on business earnings. In contrast to pass-through entities like LLCs, earnings of a C Corporation are not automatically taxed to the owners. They are taxed to owners if distributed as dividends. The C Corp pays tax on its income at C Corp tax rates.

 

Raise capital more easily. Additional capital can be raised by selling shares of stock.

 

Retained earnings inside the business. A C Corp could successfully retain earnings for reasonable business needs, if it complies with the accumulated earnings tax provisions, instead of distributing them to shareholders.

 

Credibility. C Corps may be perceived as a more professional/legitimate entity than a sole proprietorship or general partnership.

Lower audit risk. Generally C corporations are audited less frequently than sole proprietorships.

 

Tax deductible expenses. Business expenses may be tax-deductible.

Self-employment tax savings. A C corporation can offer self-employment tax savings, since owners who work for the business are classified as employees.

 

How do you form a C corporation?

 

In order to register a company as a C corporation, Articles of Incorporation (sometimes called a Certificate of Incorporation, must be filed with the state and the necessary filing fees paid. Upon incorporation, C corporations are also required to adopt bylaws, hold an initial meeting of directors and shareholders, and issue shares of stock to owners. With three simple steps, starting a C corporation with Global Latinos Multiservices, Corp is easy.