What Are the Different Types of Corporation Forms?
Distinguishing among the corporation forms is crucial to entrepreneurs who want to choose the best business structure. Incorporating a business often shields the owner from personal liability, whether caused by his or her own activities or by employees. Forming and maintaining a corporation requires the owner to file articles of incorporation and various corporate filings required by local and regional laws. The legal requirements depend on the type of corporation. Each country has its own legal rules for corporations, and they are known by different names; in the US, the main forms include C, S, close, and professional.
