Benefits of Private Limited Company Registration in Online India


Benefits of Private Limited Company Registration in Online India

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When you register your business as a company, it gives the opportunity to separate your personal liability with the corporate liability. Besides, registering as a Company makes it easier to get loans and investors. It also grants you credibility in the market as it is legally recognized. Moreover, it allows you to open a bank account in the name of the company and carry transactions under the company's assets.

Moreover, the directors and shareholders of the Company are protected from personal bankruptcy as any debts or loss that arise from business activities are limited to the company's funds and not the individual's personal assets. In addition, the Company has perpetual succession which means that it continues to exist even after the death or insolvency of a director or shareholder.

One of the major benefits of a private limited Company Consultant is that it allows you to attract investors, as it is easy for them to find out about a registered Company in the market as their details can be easily retrieved from the Ministry of Corporate Affairs (MCA). Additionally, it saves time and money for the entrepreneurs by cutting down the process of stamp duty.

Private limited Company Registration in India is a very common and popular form of business organization for small businesses. In the process of setting up a private limited Company, it is necessary to draft a Memorandum of Association (MOA) and Articles of Association (AOA). Once these documents are drafted and approved, you can submit them to the ROC office along with other relevant documents. Once the documents are scrutinized and the incorporation certificate is issued, you can start your business.

 

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