How to form a C-corporation for Games and Sporting goods


Many people think that forming a C-corporation is difficult and time-consuming. But it doesn’t have to be! This guide will walk you through the steps of forming your own corporation and getting it up and running so that you can focus on doing what you love: making games or selling sporting goods.

Determine whether forming a C-corporation is best for your company

Before deciding whether to form a C-corporation for your business, you should consider the advantages and disadvantages of doing so.


  • C-corporations have more formal requirements than S-corporations. In addition to filing articles of incorporation with the state, you must register with the IRS and file tax forms each year. This gives you more control over how much personal information is disclosed about your company’s financial dealings than with an S-corporation. For example, if you want to keep some details of your finances private from competitors, this may be helpful in preventing them from getting their hands on sensitive information about what products are selling well or not selling well in other regions where they do business.
  • They offer investor protection since shareholders’ liability is limited by law. This reduces the risk for investors who put money into a corporation because they know that they aren’t responsible beyond their investment in case something goes wrong; however, note that most states require corporations to carry insurance policies that cover this risk anyway so it’s not necessarily worth worrying about unless there is no other option available for raising funds through loans or investments.

Select a corporation name, and make sure it meets the state’s requirements

The name you select should be one that people can easily pronounce and spell, it might be difficult to fit on the cover of your game box.

Also, it should not resemble that of another company in any way, because this could cause confusion among customers and eventually lead to legal issues between the two businesses.

Get any needed business licenses or permits

If you are planning on selling anything, especially food, liquor, or tobacco products, you’ll need to make sure your location has the appropriate licenses from your state to operate a retail store. If any of these products are being sold at the game, then you may also be required to have a license for those items as well. Contact your local health department or another relevant government department in order to find out if any special permits will be required.

Once you’ve identified which licenses and permits you’ll need in order to run an event business at your location,  contact them directly and fill out all of their forms or applications so they can begin processing them on time—especially if there’s some kind of rush fee or expedited service available! This process can take anywhere from two weeks upwards though most common scenarios fall somewhere around three months’ worth of waiting time before getting everything approved correctly

Choose a Registered Agent

A registered agent is a person that receives legal documents on behalf of the corporation. The registered agent must be a resident of the state where your C-corp was formed, so it’s important to choose one from within your area.

When selecting an office address for your C-corp, make sure that it’s clearly stated in all public documents—and in any advertising materials, you create for marketing purposes—that this is an address for official business purposes only and not intended for use by members or customers.

Decide your stock structure

  • Decide what your stock structure will be, including who the shareholders will be and how many shares each will own.
  • Decide how much each shareholder will pay for their shares and how much they’ll receive when they sell their shares.
  • Decide how much each shareholder will receive if the company is sold or liquidated.

Write corporate bylaws

The next step is to write corporate bylaws that outline the rules of running the company. This should be done before you hold your first meeting of directors and shareholders. The bylaws are needed for a C-corporation but not required for an LLC or sole proprietorship because those structures don’t have boards of directors or shareholders to govern and vote on major decisions.

In general, these documents will define:

  • Who can be an officer or director (including special requirements for some types of officers)
  • How much money each type of shareholder must have invested in order to own shares in the company
  • What happens if someone dies or becomes disabled?

Once you’ve written up your document and made sure everyone agrees on its content and wording, hold your first board meeting!

Create a corporate seal

Depending on the state you’re in, you may need to create a corporate seal. A corporate seal ensures that only authorized persons can sign legal documents on behalf of the company. This can help minimize legal risks and protect your business from fraud.

File Articles of Incorporation

The first step to forming a C-corporation is filing Articles of Incorporation with the Secretary of State (or similar agency) in the state where you’ll be doing business, along with the required fee (which varies by state). At this point, all you’ll need to do is send in your paperwork and wait for the approval.

Once your company is incorporated, you’ll want to prepare by applying for an Employer Identification Number (EIN) from the IRS. This will allow you to open bank accounts and sign contracts on behalf of your company.

Obtain IRS Employee Identification Number (EIN)

In order for your company to have an EIN, you’ll need to apply for one by filing Form SS-4. You can download the form from the IRS website or request one.

When applying for an EIN, you must have all of the following:

  • Your business mailing address
  • A Federal Employer Identification Number (FEIN) is assigned to your business by your state or local government. Congratulations! You’re now officially a C-corp!

You can hire employees, buy equipment and open a bank account. If you’re currently operating as a sole proprietorship or partnership , you can now convert your LLC to a C-corp.


Congratulations! You’re now officially a C-corp. Well, the procedure is quite simple. however, if you need further assistance contact us right now!

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