What are the advantages of forming an incorporation?
http://www.allcorpfilings.com/incorporate-faq/ Certificate of incorporation, Form SS-4 – Definitions for Articles of Incorporation Certificate of incorporation, Form SS-4 – The following is a list of definitions for Articles of Incorporation, Articles of Organization and other related terms used in the formation of an LLC or corporation. http://www.allcorpfilings.com/incorporation-definitions/ Business incorporation, Register a new business name – LLC formation assistance Business incorporation, Register a new business name – ALLCORP Filings, LLC provides business incorporation services throughout the United States to allow you to incorporate your business online. http://www.allcorpfilings.com/about-incorporate-online/ S Corporations, Advantages to S corporations – There are advantages to S Corporations S Corporations, Advantages to S corporations – There are advantages and benefits to S Corporations.
A. The main advantage of forming an incorporation is the limited liability the corporate entity affords its shareholders. Typically, shareholders are not personally liable for the debts and obligations of the corporation. This means that creditors cannot demand an individual shareholder to pay the debts of the corporation. In contrast, in a partnership or sole proprietorship the owner’s personal assets may be used to pay debts of the business.
