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BENNEFITS OF A CORPORATION |
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There are a number of benefits afforded by forming your business as a
corporation; chief among these benefits are the protections from
personal liability and asset seizure that are offered to the
owners/shareholders of a corporation. These protections limit the legal
and business liabilities (protection from lawsuits and debts)
encountered by the corporation because it is treated as a separate,
legal entity. There are also favorable taxation, deductible employee
benefits, personal asset protection, anonymity, ease of raising
capital, and credibility benefits that are the hallmark of an
incorporated business.
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