Monday, July 26, 2010

Additional advantages:


  • Life of a company is not dependent on its members. A company possesses the mark of the unlimited life. If an owner dies, or wishes to sell its interest, becomes the company further and exist to construct business.
  • Retirement funds and qualified retirement plans (like 401k) may be set up more easily with a corporation.
  • The possession of a corporation is more easily transferred
  • A Professional Corporation may benefit from more 'tax deductions'than a ' sole proprietorship ', partnership, or LLC
  • A Professional Corporation can increase 'asset protection' benefits for the 'licensed professional.

To Read More: Additional advantages

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