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The power to do good, combined with the ability to make profits. CT's experts can guide you through the ins-and-outs of this exciting new business structure.
Your quote depends upon both your business type and the states in which you do business.
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We provide the services you need to form or convert to a Benefit Corporation:
And, we will be with you as your business grows, to meet all your ongoing business compliance needs:
More than 125 years of compliance expertise.
65% of Fortune 500 companies trust us with their compliance.
Personal representatives who support you across the life of your business.
If you are incorporated in a state that authorizes benefit corporations, then yes. If your incorporation state doesn't yet allow benefit corporations, you can either change your corporation's home state or form a new corporation in a state that does.
Yes, benefit corporations face additional compliance and governance obligations. Some states require a “benefit director” who ensures that the corporation meets its stated public purpose. Additionally, a benefit corporation must prepare a benefit report using a third-party standard to assess its performance regarding to its public purpose.