The Benefits of Private Limited for Annual Filing in Chennai
The Benefits of Private Limited for Annual Filing in Chennai A private limited company is a business entity that is incorporated in India. It is regulated by the Ministry of Corporate Affairs. It has its own unique features and benefits. There are a few ways to register a private limited company. However, it is advisable to seek professional help. These professionals can guide you through the complicated process. Private limited companies are more stable than public companies. They are less complex and require less legal expertise. They are also considered to have higher corporate governance. Private limited companies are permitted to raise money from investors, banks and other financial institutions. They are also seen as a secure and trustworthy form of business. The owner of a private limited company is not liable for the company's debts. It is also easy to transfer shares. A private limited company must file a return every year. Failure to do so c...