Malaysia Real Estate

[Gotony_len]

Hello guys, I have been working as an accountant
I got so many problems in many areas like If I will go to proprietorship I can save FBT, I.T exemption Up to 1.1 lacs. Etc.,
If company formation attracts ESI, PF & even Rs.1for Income tax should pay, profit distributed by way of Dividend that also pay tax. Any advice would be greatly appreciated.


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zenesis corporation

[Mullenax]

The benefits the owners’ gain by forming their business as a corporation typically outweigh any perceived disadvantages. These benefits are, in many cases, unavailable to sole proprietorships and general partnerships.

> Corporations provide limited liability protection to their owners.

> Corporations often gain tax advantages, such as the deductibility of health insurance premiums paid on behalf of an owner-employee; savings on self-employment taxes, as corporate income is not subject to Social Security, Workers Compensation and Medicare taxes; and the deductibility of other expenses such as life insurance.

> Incorporating may help a new business establish credibility with potential customers, employees, vendors and partners.

> A corporation’s life is not dependent upon its owners. A corporation possesses the feature of unlimited life, meaning if an owner dies or wishes to sell his or her interest, the corporation will continue to exist and do business.

> Ownership in a corporation is typically easily transferable.

> Capital can be raised more easily through the sale of stock.
Additionally, many banks, when providing a small business loan, want the borrower to be an incorporated business.

> Retirement funds and qualified retirements plans, such as a 401(k), may be established more easily.
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Miami Beach Real Estate

[Gotony_len]

as corporate income is not subject to Social Security, Workers Compensation and Medicare taxes; and the destructibility of other expenses such as life insurance.

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