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What are the advantages and disadvantages of incorporating?

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rylee1015
rylee1015 rylee1015
  • 27-03-2021

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.

Explanation:

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