Why form a B-Corporation?
Chances are you've considered the key benefits of forming a B-Corporation:
- Secure your personal assets through liability protection
- Unlike traditional corporations, B-Corporations have an have an underlying purpose of meeting social and environmental goals, and committing to higher standards of purpose, transparency and accountability.
- Provide for the issuance of stock in your company
- Most B-corporations strive to have higher accountability and seek to build growth from the underlying business purpose of supporting sustainability
- Establish credibility with customers
What is the difference between being a B-Corporation and a Non-Profit Corporation?
Unlike non-profits, benefit corporations are for-profit entities and therefore do not offer the same tax advantages as a nonprofit. Both nonprofits and benefit corporations aim to make a positive impact on society and the environment. But benefit corporations conduct business activities that presume a return on investments, while non-profits seek charitable donations to fund their business practices. Nonprofits cannot become benefit corporations but a nonprofit may create a benefit corporation as a vehicle for conducting and scaling the earned-income activities of the nonprofit.
File a B-Corporation With MyCorporation Today by Calling Us
What our Customers are Saying
"This is my first experience with setting up an LLC (or any type of company), so I did not know what to expect. Your website walked me through the process and it was very easy"
William
"The experience was wonderful and extremely simple using MyCorporation. We really appreciate the fast and easy service they provided for us!"
Phil