It is deeper that that, corporations literally are governments. When you form a corporation you are creating the government that your organization will now oper

It is deeper that that, corporations literally are governments. When you form a corporation you are creating the government that your organization will now operate under. usually this will require a license from whatever larger governmental structure you find yourself in. Sometimes this is a publicly tradable for profit endeavor, sometimes it is private or perhaps non-profit(all profits have to be distributed back into the corporation), or even an actual public corporation(often called a town or a city,