What are the disadvantages of having a corporation, or C Corp? Some of the disadvantages of having C corporation are the startup costs to form the company itself. Also, you have an annual requirement to file a statement of information or a statement of registration listing certain information about the corporation and with it there is an associated filing fee. Annually you have a minimum tax in the state of California of $800. Also, you are required to file each year a tax return for the corporation, so you have an associated cost with that as well.
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