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What are the advantages of forming a non-profit corporation?

April 26, 2017advantages corporation non-profit

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What are the advantages of forming a non-profit corporation?

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The primary advantage of incorporating is liability protection for board members and directors. Nonprofit corporations enjoy the same limited liability protection as for profit corporations. Accordingly, directors or trustees, officers and members are typically not personally liable for the debts and obligations of the nonprofit corporation. Other benefits include perpetual or unlimited life for the corporation. Please click here for more information on this subject.