What Are The Benefits Of Getting Private Limited Company Registration?

What Are The Benefits Of Getting Private Limited Company Registration?

Registering with a private limited company is the best way to start your business in India. Private company registration offers numerous advantages and it gives your business, a legal identity which is very important for every type of business whether it is small or big. To get multiple advantages and easy to register and manage your organization with private limited company registration.

Here are some benefits of getting private limited company registration

1.     Limited liability

Every business often needs to borrow money, in  a partnership firm, partners are personally responsible for all the debt raised. But, after registering with private limited company, there is no personal loss, only the amount of starting business will be lost.

2.     Easy debt access

A private limited registered company has wide options for taking debts. Banks provide loans which are easy to obtain and issuing debentures are always available to it. So, after registering your business with a private limited company, you can easily borrow loans from banks with additional facilities.

3.     Owning property

A director of private limited company can enjoy and own property in its name. No shareholder can stake a claim on the property of the company as long as the company is the going concern. So, register your business with a private limited company and get a owning property of the business.

4.     Easy transferability

The owner of the business can easily transfer the shares to the shareholders. To transfer shares, you need to file transfer form and the share certificate is required. In a private limited company, the approval of the shareholder is required to affect share transfers.

So, these are the benefits of getting private limited company registration. If you are a small business owner and wants to register your business with a private limited company, then you can approach Tax home. Tax Home is a leading service provider of one person, company registration, private limited company registration, GST registration and many more. So, you can approach Tax Home to get private limited company registration inDelhi in a very quick and easy way.