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Category : > Professional Corporation
Posted On : Tue Feb 02nd,2010

 
 
  • Life of a company is not dependent on its members. A company possesses the mark of the unlimited life. If an owner dies, or wishes to sell its interest, becomes the company further and exist to construct business.
  • Retirement funds and qualified retirement plans (like 401k) may be set up more easily with a corporation. 
  • The possession of a corporation is more easily transferred
  •  A Professional Corporation may benefit from more 'tax deductions'than a 'sole proprietorship', partnership, or LLC
  • A Professional Corporation can increase 'asset protection' benefits for the 'licensed professional.
  


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