Ease of Formation and create creditworthiness of your Business.
Member's liability is restricted to the amount of shares they own.
The Private Limited Company has a separate legal existence from that of its owners.
Shares of a company limited by shares are transferable by a shareholder to any other person.
Limited Liability means the status of being legally responsible only to a limited amount for debts of a company.
A company being a juristic person, can acquire, own, enjoy and alienate, property in its own name.
A company has ‘perpetual succession’, that is continued or uninterrupted existence until it is legally dissolved.
An entity means something which has a real existence; a thing with distinct existence. A company is a legal entity and a juristic person established under the Act.
In Competition Private Limited is considered as more stable and consistent performer as compare non registered business due its registered Ministry of Corporate Affairs Credibility.