- 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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Posted On : 2nd Feb 2010
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