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Pachacha [2.7K]
3 years ago
8

• What are the benefits and drawbacks of forming a corporation?

English
1 answer:
Oduvanchick [21]3 years ago
6 0

Answer:

Advantages of a corporation include personal liability protection, business security and continuity, and easier access to capital. Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow

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