CORPORATION

Presented by:
Group 1
What
CORPORATIO
is

N?
A le gal entity tha t is separate
and distinct from its owne rs.
 CORPORATION
A corpora tion has nearly all legal rights of an
employe e

• It can hire employees

• It can own assets
• It can enter into contracts
• It can be sue or be sued
• It can loan and borrow money
• It can pay taxes
CORPORATION
ADVANTAGES
LIMITED LIABILITY
A corporation limits the liabilities of its
owners, meaning shareholders have the right to
participate in profits, but they're not held liable
for the company's debts.
CORPORATION
ADVANTAGES
OWNERSHIP FLEXIBILITY
Since a corporation isn't linked to a single
person, it doesn't dissolve when its owners and
shareholders change or die.
CORPORATION
ADVANTAGES
OWNERSHIP FLEXIBILITY
Since a corporation isn't linked to a single
person, it doesn't dissolve when its owners and
shareholders change or die.
CORPORATION
ADVANTAGES
TAX BENEFITS
Corporations are the only type of business that
pay their own income taxes on profits.
CORPORATION
ADVANTAGES
PROTECTED ASSETS
Forming a corporation allows you to secure
your assets.
THANKS
FOR
WATCHING!