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https://www.upcounsel.com/c-corporation
https://www.kpmgspark.com/blog/how-does-a-c-corporation-work
The hierarchy of an C Corporation includes three groups: the shareholders, directors and officers. Owners of the C corporation are considered to be the shareholders; who are responsible for electing and removing directors, approving or disapproving major business decisions. The board of directors are responsible for managing the C corporation.
https://www.govdocfiling.com/faq/can-shareholder-c-corporation/
File for a C-Corporation Shareholder Criteria It is not necessary for C-Corporation shareholders to be United States citizens or permanent residents. In fact, the IRS imposes no restrictions whatsoever on the type of individual or entity that can purchase stock in a C-Corporation.
https://www.upcounsel.com/c-corporation-shareholders
C corporation shareholders can be: Individual citizens of the United States or of foreign countries. Any other business entity type, including LLCs, S corps, partnerships, and others. Foreign companies. There are no restrictions put on the types of shareholders allowed in a C corporation. What is a C Corporation?
https://aharonibusinesslaw.com/shareholders-board-officers/
Officer roles include President/CEO, Treasurer/CFO, and Secretary. These roles are mandatory in California, but may be held by the same person/people, and may depend on how many shareholders your company has. Officers are usually paid a salary or by the hour, as company employees.
https://ttlc.intuit.com/community/business-taxes/discussion/does-a-officer-of-a-c-corporation-have-to-report-all-compensation-for-payroll-tax-purposes-or-can-a/00/672234
any stockholder of an s-corp or c-corp can be paid dividends even if they are not employees. there is one caveat. the payments must be in portion to the stock holdings. so if shareholder a holds 100 shares and is paid a dividend of $50 every other shareholder must be paid the same 50 cents per share dividend. it is crucial on an s-corp. paying …
https://www.findlaw.com/smallbusiness/incorporation-and-legal-structures/corporate-structure-directors-to-shareholders.html
A typical corporation 's structure consists of three main groups: directors, officers, and shareholders. The officers handle the day-to-day operations of the business, the directors oversee the affairs of the organization and protect the interests of the shareholders, while the shareholders are looking for a return on their investment.
https://corporations.uslegal.com/basics-of-corporations/shareholders-directors-and-officers/
A corporation is governed by a board of individuals known as directors who are elected by the shareholders. Directors may directly manage the corporation’s affairs when the corporation is small, but when the corporation is large, directors primarily oversee the corporation’s affairs and delegate the management activities to corporate officers.
https://www.activefilings.com/information/shareholders/
There is no limit to the number of shareholders a corporation can have (except if the entity opts to be treated as an S Corporation. Officers are a second level of management (first level is the Board of Directors) and a company can have as many officers as it may need to run the business.
https://www.forbes.com/sites/anthonynitti/2016/05/13/reasonable-compensation-for-c-corporation-shareholder-employees-how-much-is-too-much/
As a result, most closely-held C corporations will prefer to make payments to its shareholder-employees as compensation rather than dividends. But there's a catch. IRC Section 162 (a) (1) permits a...
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