What is Corporation?
A separate legal person. More structure, more paperwork, and the only form that suits raising outside investment at scale.
Legal
The definition
A business structure that exists as a separate legal entity from its owners, with its own tax treatment.
Where it comes up
This shows up in the structure comparison on this site.
Related
Questions people ask
What is Corporation?
A business structure that exists as a separate legal entity from its owners, with its own tax treatment. A separate legal person. More structure, more paperwork, and the only form that suits raising outside investment at scale.