What is one disadvantage of incorporation

HIGHER TAXES

Explanation:

As compared to other companies, incorporation or incorporated companies are burdened with the responsibilities of paying a higher tax. There's no tax discount or minimum taxable limits from the government. The incorporation would have to pay double taxes. Both on company's tax and income tax as compared to the incomes of non-incorporated companies that are taxed only once on income.

Other disadvantages may include:

1. Lots of expenses and paperwork

2. Corporate disclosure

3. Publicity and loss of privacy

4. Denial of some fundamental rights

And so on.

1 double taxation

2 paperwork

3 initial cost

Explanation:

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answer founder's agreement;