A Company is the most acknowledged and accepted form of Business Structure worldwide. Not only it attracts investors but also encourages the entrepreneurs to represent their business in a form which is common and familiar to all. Further, it provides other benefits too such as that of having a perpetual succession and limited liability. Since a company has a separate legal identity from that of its promoters, it is capable of holding funds and properties and to sue and be sued in its own name. It is also eligible to borrow funds in different forms such as loans, debentures, etc.
A Private Limited Company is one of the easiest forms of company to go for if scale of business is small or medium. Other than raising funds from public, a Private Limited Company enjoys similar privileges as any other company. The cost of maintenance too is low and number of compliances way less than a Public Limited Company. Hence it helps the promoters to focus on the business rather than on maintenance of the company.
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₹11,499 (inclusive of GST)