There are many benefits to starting a company, and here are some of the main reasons:
Legal protection: Running a business in the name of a company can enjoy legal protection and reduce the risk of personal liability. After the incorporation of the company, the legal relationship between the company and the individual is separated, and if there are risks and liabilities, personal property will not be affected.
Fundraising: Companies can raise funds by issuing shares to expand their business and increase brand awareness.
Tax incentives: Companies can enjoy tax incentives, such as exemptions from corporate income tax and other tax burdens. In addition, employees in the company can also enjoy preferential tax policies related to the company.
Corporate image: Establishing a company can enhance corporate image and reputation, improve market competitiveness, and make it easier to gain the trust of partners, customers, and investors.
Entrepreneurial independence: Opening a company allows you to realize your entrepreneurial dreams, have autonomy and creativity, and get more opportunities and development prospects.
Combining the above points, starting a company can create more opportunities and better prospects for growth, so if you have a business plan and idea, considering opening a company is an option worth considering.
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