A C Corporation and a S Corporation are distinct. The C Corporation’s tax is incurred at the corporate level; and, through the S Corporation, they are passed through to its shareholders.
There is a further distinction between an Open Corporation and a Closed Corporations. In an Open Corporation, shares may be sold directly to existing non-shareholders to a large extent without any restrictions. In the Closed Corporation, however, they must first be offered to other shareholders of the company.
The Public Corporation is the version that comes closest to the German corporation (Aktiengellschaft or AG). Here the company's shares are sold to the public. Public Corporations usually have hundreds, or even thousands, of shareholders.
<<< back back to overview >>> |
Do you have questions or problems about our services? We could call you back!
From the first moment, with ALTON LLC we were confident, and could instead focus on our business. With its competent team, ALTON LCC was always been there for us. Small as well as big jobs were done to our complete satisfaction. And, Mr. Karagoz did not hesitate to tackle even the most complicated tasks. I am always happy to do whatever I can to thank him for all his help. - Andreas Jenny (AutoGlobalTrade AG)