If you’re planning to start a business in Delhi, then you might be considering whether or not you should register your company as a private limited company. There are lots of reasons to do this, so it makes sense to become familiar with all the ins and outs before deciding if it’s the right move for you. Here’s everything you need to know about Private Limited Company Registration in Delhi.
What are the Advantages of Starting a Private Limited Company?
A private limited company is a type of business entity that is legally registered with the government. Unlike a sole proprietorship or partnership, a private limited company has liability protection for its shareholders. This means that if the company is sued, the shareholders will not be held personally liable for any debts or damages. In addition, a private limited company can raise capital by selling shares to investors. This makes it easier to get funding for your business than if you were a sole proprietor or partnership. Finally, a private limited company has a professional status and can help you build credibility with customers and suppliers.
Who Can Register a Private Limited Company?
Anyone looking to start a business in Delhi can register a Private Limited Company. The main advantage of a Private Limited Company in Delhi is that it limits the liability of its shareholders. This means that if the company is sued, the shareholders will not be held personally liable for any debts incurred by the company. Taxcellent can help you with all the paperwork and filings necessary to register your Private Limited Company. We also offer our clients the services of accountants, lawyers, tax advisors, and marketing consultants. Contact us today!