A C-Corporation is a limited liability entity that allows for any number of individuals or companies to own equity in the company, usually distributed as shares of stock. A C-corporation is a stand-alone legal entity so it offers some protection to its owners, officers and investors from liability resulting from its actions. A C-Corporation is taxed separately from its owners, potentially resulting in double taxation. This is different from the S-Corporation, a pass through tax entity, which has numerous restrictions on stock ownership and various other regulatory hurdles that the C-Corporation does not have.
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