Quote:
Originally posted by Doctor Dre
You can get lawsuits in any industry. If you do your homework right you won't get lawsuits (most likely).
Incorporation is mostly done for tax needs
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No, depending on the type of corporation, your personal assets can not be vulnerable to any law suit brought on the corporation. So say for example somebody sues your corporation for $100k, your personal assets should be protected.
But yes, taxes are one of the main reasons.