Corporation
By: Rose Hernandez
Advantages of corporations:
- Corporations can obtain more capital through the sale of their actions.
- A corporation can deduct the cost of benefits that offers to its managers and employees
- If you meet certain requirements, you can opt for declared as a corporation S. This selection allows that the company is subject to a payment of taxes similar to that of a society.
Disadvantages of Corporations:
Disadvantages of Corporations:
- The process of integration requires more time and money to compare to other models of organization
- The corporations are supervised and subject to rules of entities: federal, state and some local, and therefore might have to comply with many more requirements and administrative documents to demonstrate compliance
- The incorporation of a company could result in the payment of more taxes. The dividends paid to shareholders are not deductible as a corporate spending; therefore, that income may be subject to a double taxation.