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CHANGE of ADDRESS FORM Alabama State Treasury Treasury Alabama

CHANGE of ADDRESS FORM Alabama State Treasury Treasury Alabama

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- [Narrator] A corporation is a type of formal business structure that is more complicated than an LLC, but offers benefits that LLCs do not. Corporations are great if you're looking to raise money from venture capital or looking to list on a stock exchange. Corporations are also able to more efficiently carry money over between tax years. In 2019, Alabama was named the Southern Business and Development State of the Year due to its growing economy. Out of the 25 largest companies by revenue, 28% are corporations which bring in an average of $19 billion. If you are starting a business and not sure which business structure is best for you, check out our other video, Choosing the Right Business Structure for Your Business, linked below. There are two ways to form a corporation. You can form one yourself, or you can hire a service to do it for you. In this video, we will look at both options and help you decide how to go about forming your own corporation. (gentle music) Remember,

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