A “C” Corporation is the default choice for business corporations. Publicly traded corporations are “C” Corporations. Corporations provide shareholders protection from being held personally liable for a corporation’s debts in many situations. If the corporation is sued or files for bankruptcy, the shareholders are not held personally liable for the debts of the corporation (unless there are guarantees or extenuating circumstances). This is true whether you choose “C” or “S” tax treatment.
Every entity doing business in Texas, including but not limited to corporations, limited liability companies, limited partnership, general partnerships, professional corporations and professional associations are required to have a registered agent and registered office in the state of Texas.
