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Features of corporation

Updated: 11/2/2022
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There are many features / benefits of a corporation including, but not necessarily limited to:

1. A corporation is a legal entity.

2. Tax advantages, especially in states where there is no corporate income tax.

3. Multiple owners.

4. Limited liability.

5. Perpetual existence.

6. (Possibly) easier to raise capital by selling shares of stock.

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