Through incorporation, you can separate yourself from your business and protect your personal assets from any business liabilities. While it is possible to build a business credit profile for a sole proprietorship or partnership, you and your family are still personally responsible for all the debts your business may incur.
My Corporate Services recommends building your business credit as a Nevada corporation or Nevada limited liability company. When you incorporate with us, you benefit from:
- Protection of your personal assets
- The ability to raise capital and build credit faster
- Lower tax liabilities
- Limited liability of owners and officers
- 100 percent tax-deductible insurance
- 100 percent medical expense reimbursement
- Stock ownership - which makes it easier to transfer assets
- Greater credibility through a corporate image
- Lowered audit risk