Affordable Company Registration Zimbabwe
Advantages of incorporation
Those still hesitant about incorporating their businesses should know that incorporating comes with many advantages. If you want to grow and hire people, a corporation is by far the preferable structure.
Incorporating offers several advantages over sole proprietorships.
- Owners benefit from limited liability
- Ownership interests are easier to transfer
- The life of the corporation can extend beyond that of the founders
- Credibility is boosted in the eyes of partners
- Financing and grants are easier to access
- Tax rates are lower