How To Set Up a C Corp for FREE (Step by Step)
Form your C Corp with Northwest for $39 (exclusive deal):
startupwise.com/northwestLLC
^This is now our preferred LLC formation service, because it's actually cheaper for you! The $39 deal is available only to our audience so make sure you take advantage of it to set up your LLC in about 5 minutes. The process is almost exactly the same!
In this video, I'm showing you step by step how to set up a C Corporation in 10 minutes. This is the easiest, fastest, and cheapest way for you to create your C Corp business entity. This is exactly how I set up my own C Corporations myself and I recommend any new business owner to follow through this video.
I'll show you how to easily and affordably create a C Corp with IncFile (if you use this link, you'll be helping support the channel at no extra cost to you)
Form your C Corp with Northwest for $39 (exclusive deal):
startupwise.com/northwestLLC
or use Bizee:
Use this link to set up a C Corp with Bizee:
startupwise.com/bizee
^ I recommend getting the gold/platinum plan for 99% of business owners. It's the one I've used many times in the past and it saves you so much time, and ensures that there aren't any filing mistakes when it comes to your business.
Setting up a business entity can be quite complicated, so it's important to choose a service that does it for you. I used Bizee multiple times for my own businesses, and it was the best service to use hands down.
Skip to 1:58 to get straight into the section on how to create an C Corp.
If you do use Incfile, I highly recommend that you guys get the gold package because the basic one will require you to find and fill out a lot of documents yourself, so it will save you a ton of time and stress. They have a free option too (just pay the state fee) and this option works too! You'll just need to consider which things you want done for you and what you're willing to do yourself.
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Be sure to watch through the whole video to get a full explanation and walkthrough on how you can set up a C Corp. There's a ton of ways to set up a C Corp, but I've done the research and this is by far the best way to do it.
Thanks for watching and I hope you have a wonderful rest of your day!
-Charlie
#CCORP #BUSINESS #2022
Timeline:
0:00 - Intro
0:21 - What Is A C Corp?
1:24 - Why C Corps Are Useful
1:58 - Walkthrough of Setting up a C Corp
7:11 - C Corps vs. S Corps
8:02 - When You Should Go For A C Corp
8:21 - Pros And Cons Of A C Corp
9:13 - Conclusion
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Пікірлер: 28
Hey man, thank you! The video is very helpful and easy to follow
Thank you. I knew some of this info, yet appreciate the Incfile resource. 🙂
Very helpful bro, thank you
Hello thank you for the wonderful information.
man you're the best
Thank you for the video! Can you form multiple corporations under a single address?
Start here with Bizee (previously IncFile): startupwise.com/bizee ^ Bizee is the new and improved IncFile - they're the same company and still provide the same services, but with a new name. Hope you find this guide helpful!
But shouldn't you always incorporate in deleware?
Living in California and wanting to open the C corp .and registering it in Delaware , what is the process then ?
Wish you could talk more about having a management company and good and bad
how long does it take to get approved by applying online?
Hello can a foreign person without social security start a c Corp
They ask for your son? That only if you use their one year service?
You can't use your own residential address for filing a C-Corp since the secretary of state wont accept the P.O Box
Great vid. However with the corporate tax rate at 21 percent and that corp would owe state taxes (you being in cali 8% ) I personally would set yourself up as an employee so that the c corp can write off that as a expense and not do a dividend. Not to mention c corps can do ALOT of things to lower its taxes ppl cant like pay for health care (expense ) run a 401k for you (expense) so your corp could potentally have WAY less of a tax bill than an s corp or llc. Pass thrus are not that great unless your not going to earn much in the first place and that income will just be washed away in the deductions you personally get,. Dont forget kids.... always hire a tax professional for your c corp. So you dont pay much in taxes.
Is this the first step to forming a company?
@StartupWise
Жыл бұрын
C Corps are good for starting companies that want to go public or attract investors! There are different business entities like LLCs and S Corps that I've made separate videos on that you can check out!
Why not pay yourself as an employee? Then paying yourself is a deduction for the corp. You still pay taxes on your income, but not double then.
Of course I have to pay double the amount for a c corp because im in Massachusetts🤦🏽♂️
Stop with the false advertising. Nothing in the US is free. You still have to pay state fees which is $60 therefore there is no free filing. If you want a registered agent and business address that's an additional $30-$100. Stop lieing to people.
@GK-gc9cv
10 ай бұрын
How is it lying? If you do it yourself with pen and paper you pay the state fee. The service they are providing is free
do u need operation or a building office?
@StartupWise
Жыл бұрын
Nope! You can set up a virtual address using incfile instead which saves you a ton in operating costs! Just click on the pinned comment and go to services>virtual address
@RedVenomProductions
Жыл бұрын
@@StartupWise what about like setting out the company for the stock market? Do i need operation?
@StartupWise
Жыл бұрын
@@RedVenomProductions Going public on the stock market is rare. There are tons of legal requirements for it and it's an entirely new process to file with the SEC. Most businesses would want to sell shares to private investors or employees. So, the first thing you need to find out is what you're trying to accomplish and then do further research on your specific business situation!
@RedVenomProductions
Жыл бұрын
@@StartupWise ive read on the oct markets the requirements are quite minimal for trading as a pink sheet
@wesleyguan6833
6 ай бұрын
we have to pay for the virtual address for $29/month, correct?@@StartupWise