Private limited company registration in bangalore is important since it gains the credibility. The company cannot sell the share to the public. The private companies are controlled by few private individuals. The private company is a separate legal entity. The shares cannot be transferred to the other without the consent of the other.
Also for the transfer of the shares there are some restrictions. Also it has the limited liability. If there happens any insolvency the personal assets cannot be touched. It will be limited to the shares of the company. The Private limited company has the perpetual succession
A private limited company is examined as a separate legal entity. This private limited company has own identity and acknowledged as a separate company under law.
The private limited company has the greatest benefit of its limited liability. The liabilities are limited to their shares only. This company feature protects the income of shareholders and personal assets at times of any financial critical points faced by the company.
The private limited companies can pay tax on taxable profits and they are exceptedfrom high personal income tax rates.
Only two shareholders and two members are need to incorporate a private limited company. This gives many Entrepreneurs as a chance to set up their new own company.
A person can act as a shareholder, a director and an employee at the same time, when private limited company is taken into examinations. They are considered as valid too. Solubilis Corporate Services LLP is the Leading Professional firm assist you in registering Company. We register a private limited company registration within 12 working days.
transferring of shares is not as easy when compared with public companies.
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