Benefits of A Private Limited Company Registration

Before you go ahead and start a business on your own, you need to know whether you are going to go for public limited company registration or private limited registration. It can be decided by keeping into consideration the objectives of the company, the company goals, as well as the structures and operations that are based on the type of company that you are planning to open. For a private limited registration of the company, there are certain benefits for sure. A company that is registered as a private one is mostly preferred by entrepreneurs due to the wide range of benefits that it provides.

private limited company registration

How Can A Private Limited Company Registration Benefit You?

Even though the process of a private limited company registration tends to be a bit expensive, it is definitely the most opted one by the business owners since it has a lot of benefits that come forth with the registration. One of the most important benefits would be limited liability. For a private business, the shareholders of the company don’t actually have to face the risk of losing all the personal assets that they have. They will only lose the money that they have invested. Another benefit is that the private companies tend to properly accommodate the different equity funding options as there are different distinctions that are clear between the directors and the shareholders.

public limited company registration

For a private limited company, there is always the added privilege of having more and more funds from different LLPs as there are different options that they can choose to take a debt. Hence, this is definitely one of the most fruitful benefits of a private company since it helps these companies to grow exponentially. Another main benefit of a private limited company is that it has a lot of credibility when compared to public limited companies. These companies focus on the operations, business structure, financial status, and goals that they have to provide more credibility.

Conclusion

So, these are some of the main benefits of registering your company as a Private Limited one. If you want to make sure that you are able to properly enjoy the benefits of a private company, make sure to register it as one. 

Location: Delhi, India

Comments

Post a Comment

Popular posts from this blog

All you need to know about TCS return, buyers, sellers, and tax collection

  Tax Collected at Source (TCS) is a technique used by the government to collect tax at the source of a transaction. A specific percentage of tax is collected at the source from a buyer and the seller will pay it to the government. Most transactions are related to businesses in this aspect. As per Section 206C of the Income Tax Act 1961, the buyer will have to pay a certain percentage of tax based on the goods, services, and /or commodities he is buying. The seller is bound to collect this tax from the buyer. All government and corporate collectors and deductors are liable to file TCS Return and pay the government the rightful sum as per the act. This filing can be done either physically or electronically using the online domain of the same public institution. Classification of buyers and sellers based on TCS As per the clauses mentioned in this act, the buyers and sellers are defined accordingly. 1.      Sellers Sellers are the goods and service providers who ...
Read more

How to file Income Tax Return in India?

Income tax return filing is the foremost requirement for all registered taxpayers in India. With the help of the Income Tax online portal, income tax e filing has become easy via offline and online modes. E-filing is a new process for filing income tax returns and in this blog; we will discuss the e filing of income tax returns so that you can smoothly do it yourself. First of all, we need to understand the importance of filing income tax. The income tax act 1961 regulates certain eligible persons to file their income tax once a year. The tax is incurred for specific people who earn according to different slabs. Below mentioned is the new and old tax regime according to the income tax department. Income Tax Slab Tax Rates As Per New Regime Tax Rates As Per Old Regime ₹0 - ₹2,50,000 Nil Nil ₹2,50,001 - ₹ 5,00,000 5% 5% ₹5,00,001 - ₹ 7,50,000 ₹12500 + 10% of total income exce...
Read more