Business and Justice

Benefits of Legal Person
* Has limited liability, ie, the owner or owners of the company, assume only limited liability for the debts or obligations you may incur company, which will only be secured by the assets, capital or assets that may have the company.
* Increased availability of capital, as this could be contributed by various partners.
* More likely to have access to financial credit, banks or financial institutions are more willing to lend to legal persons rather than to individuals.
* Possibility of access without further restrictions on public tenders.
* The owner and employees of the company members can access benefits and insurance.

Disadvantages Legal Person
* More difficult for the time of their establishment, has a greater number of procedures and requirements.
* Requires more investment in its constitution.
* Are required to carry and present a greater number of records.
* The ownership, control and management may rest with several people (partners).
* Has a greater number of restrictions at the time of wanting to expand or reduce the assets of the company.
* Features more difficult to liquidate or dissolve.

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