Business Incorporation

Business Incorporation means using legal process to form a corporate entity or company, called Corporation. A Corporation can be identified by the use of terms like Inc., Ltd. in their names. Basically, the corporation acts as a ‘person’.

There are several benefits of incorporating a business, some of them are listed below:

• Tax Benefits
• Easy to transfer business
• Protection from personal liabilities
• Protection of assets 
  

• buy, sell and own assets, including land
• make contracts
• sue
• be sued