5.0
4 Apr 2022
Anonymous employee
Former employee, less than 1 year
Recommend
CEO approval
Business outlook
Pros
You have financial security. ... You get more perks and benefits. ... There are well-defined processes. ... You will have a better status. ... There are more career development opportunities.
Cons
the company can be expensive to establish, maintain and wind up. the reporting requirements can be complex. your financial affairs are public. if directors fail to meet their legal obligations, they may be held personally liable for the company's debts.