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下载：8积分What are the advantages and disadvantages of CORPORATION? atleast 5 advantage and 5 disadvantage.?
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Advantages
* Limited Liability. One of the key reasons for forming a corporation is the limited liability protection provided to its owners. Because a corporation is considered a separate legal entity, the shareholders have limited liability for the corporation's debts. The personal assets of shareholders are not at risk for satisfying corporate debts or liabilities.
* Corporate Tax Treatment. Since a corporation is a separate legal entity, it pays taxes separate and apart from its owners (at least in the typical C corporation). Owners of a corporation only pay taxes on corporate profits paid to them in the form of salaries, bonuses, and dividends. The corporation pays taxes, at the corporate rate, on any profits.
* Attractive Investment. The built-in stock structure of a corporation makes it attractive to investors.
* Capital Incentive. The stock structure also allows corporations to attract key and talented employees by offering an ownership interest in the form of stock options or stock.
* Owner/Employee. A business owner who works in his or her own business may become an employee and thus be eligible for reimbursement or deduction of many types of expenses, including health and life insurance.
* Operational Structure. Corporations have a set management structure. Shareholders are the owners of a corporation, who elect a Board of Directors, which then elects the officers. Other than the election of directors, shareholders do not typically participate in the operations of the corporation. The Board of Directors is responsible for the management of and exercising the rights and responsibilities of a corporation. The Board sets corporate policy and the strategy for the corporation. The Board elects officers, usually a CEO, vice president, treasurer and secretary, to follow the policies set by the Board and manage the corporation on a day-to-day basis. In a small corporation, the lines between the shareholders, Board of Directors, and officers tends to blur because the same people may be serving in all capacities.
* Perpetual Existence. A corporation continues to exist until the shareholders decide to dissolve it or merge with another business.
* Freely Transferable Shares. Shares of corporations are generally freely transferable because as a separate entity, the existence of a corporation is not dependent upon who the owners or investors are at any one time. A corporation continues to exist as a separate entity and is not terminated or dissolved even when shareholders dies or sell their shares. Shares of corporations are freely transferable unless shareholders have &buy-sell& agreements limiting when and to whom shares may be sold or transferred. Also, securities laws may restrict the transferability of shares.
Disadvantages
* Fees. It costs money to incorporate. There are typically four types of fees, including: a fee to file the articles of incorporation with th a first year fran fees for various
and attorney fees. But every year tens of thousands of businesses choose to incorporate online without the use of an attorney. For example, basic incorporation before filing fees at a site
costs just $99.
* Formalities. The proper corporate formalities of organizing and running a corporation must be followed in order to receive the benefits of being a corporation.
* Paperwork. A huge aspect of the corporate formalities that must be followed consists of paperwork. Reports and tax returns must be compiled and filed business bank accounts and records must be maintained and kept separate from personal records must be kept of corporate actions, including meetings of shareholders and Board of D and licenses must be maintained.
* Disclosure of Names of Corporate Officers and Directors. Most states do not require that names of shareholders be a mat however, many states require that the names and addresses of corporate officers and directors be listed on one or more documents filed with the Secretary of State.
* Dissolution. Since corporations have a perpetual existence, states provide a mechanism for dissolving a corporation and liquidating its assets. Dissolution does not happen automatically. A corporation can be dissolved voluntarily or involuntarily. A corporation's officers and directors are charged with responsibility for dissolving the corporation, including gathering corporate assets, paying creditors and outstanding claims, and distributing remaining assets to shareholders.
* Tax Consequences. C corporations have potential double tax consequences-once when the company makes its profit, and a second time when dividends are paid to shareholders. S corporations can mitigate this tax issue.
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Corporation Advantages And Disadvantages
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What are the advantages and disadvantages of CORPORATION? atleast 5 advantage and 5 disadvantage.?
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Advantages: * artnerships are relative however time should be invested in developing the partnership agreement. * With more than one owner, the ability to raise funds - Debt vs Equity may be increased. * The profits from the business flow directly through to the partners' personal tax returns. * Prospective employees may be attracted to the business if given the incentive to become a partner. * The business usually will benefit from partners who have complementary skills. Disadvantages: * Business Partners are jointly and individually liable for the actions of the other partners. * Profits must be shared with others. * Since decisions are shared, disagreements can occur. * Some employee benefits are not deductible from business income on tax returns. * The partnership may it may end upon the withdrawal or death of a partner.
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108 answers有关securities,stock,shares,bonds的概念~如题.securities,stock,shares,bonds这四个词用与证券的概念时,有什么区别呢?
颜柒爱帽帽374
securities:property in the form of shares 证劵stock:money lent to a government or company ,on which interest is paid 证券公债shares:any of the equal parts into which the ownership of a company may be divided 股份bonds：an official paper in which a government or an industrial firm promises to pay back with interest money that has been lent 公债
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扫描下载二维码Daily Lessons with Simon, ex-IELTS examiner
Albert sent me this recent exam question:
In many countries nowadays, young single people no longer stay with their parents until they are married, but leave to study or work somewhere else.Do you think this trend has more advantages or disadvantages?
Here are some tips to help with this kind of question:
Notice that the question includes the words &do you think&. This tells you that you need to give your own opinion, as well as discussing both the advantages and disadvantages. Put your opinion in the introduction and conclusion, and don't be afraid to use the word &I& (e.g. I believe) to make it clear what you think.
You won't be able to write a good essay if you don't plan your ideas first. Spend 2-3 minutes noting down ideas for the advantages of leaving home before marriage, then 2-3 minutes writing notes for the disadvantages. Then decide what your opinion is, according to whether you have more advantages or disadvantages.
If you can't think of any ideas, start by thinking of some examples e.g. Did you or any of your friends leave home before getting married? Do you know anyone who lived with their parents until they got married? What were the reasons and benefits or drawbacks of each decision?
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