2 months ago
Why would it be important for a company which is doing well, to be incorporated?
Verified Sherpa Tutor
There are many factors why a company would wish to be incorporated. One of the most important aspects for a growing company is to limit the individual's liability and protecting the owner's personal assets, as the owner and the company are two separate legal entities. Some other reasons could be easy transfer of ownership if the owner wishes to sell the company, better access to funding capital and usually corporation tax benefits.
Interested in booking a 1-1 lesson with me?Click here to view my profile and send me a message.
We have thousands of qualified teachers who are able to provide top quality lessons online. Find your tutor and set up your free introduction today!Find a Business Studies Tutor