Incorporating Your Business: Overview
Transforming a business into a corporation has always been the royal path towards unlimited growth and expansion. The corporation structure is often adopted by business owners thanks to its flexible tax options, personal assets protection and ability to attract investors or access the stock market.
Corporations can take many shapes and forms, from big ones operating on an international scale, to small ones governed by single person.
Nevertheless, when it comes to corporations, it is not all roses. Corporations are among the most regulated structures in the business world. Thus, your corporation will always be required to respect rules that are not imposed on other structures.
For this reason, it is important to learn about the different business structures and gain a clear understanding of the advantages and disadvantages of corporations prior to deciding to incorporate your business.