B corps explicitly include the creation of public benefit in their goals, whereas traditional C corps exist only to earn profits for the shareholders. Incorpora

B corps explicitly include the creation of public benefit in their goals, whereas traditional C corps exist only to earn profits for the shareholders. Incorporating as a B corp allows a company to pursue public-oriented goals that could diminish profitability without being liable to shareholder lawsuits. They are both taxed the same. This is not federal law--B corps only exist in some states, and only according to the enacting legislation of those states, so the exact laws governing them will vary.