You have a lot of control over the company’s destiny. You can make it what you want. You can turn a great idea into a horrible one. You can build a company from the ground up.
Of all the advantages, the benefit of a corporation is the most important one. Because of that, not all companies are created equal. A company that gets acquired by another company still has a lot of control over the new company. If the new company succeeds, then the new company has an advantage. If the new company fails, then the new company has an advantage. In other words, it is not always advantageous to start a company in your own country.