4.0
Feb 20, 2024
Former contractor
Chennai
Recommend
CEO approval
Business Outlook
Pros
Limited Liability: ... Perpetual Existence: ... Professional Management: ... Expansion Potential: ... Transferability of Shares: ...
Cons
A corporation is a distinct legal entity. The business is governed by a board of directors. ... Double-taxation. Corporations pay taxes on profits distributed to shareholders. ... More complicated to form. ... More requirements. ... Higher costs.