Here are 7 reasons to incorporate a startup as a private limited company
75% of the 4 startup companies that are born each day in India are registered as a Private Limited Company. This blog is meant to remind you of the importance and necessity of incorporating your startup. Although incorporation gives a company a legal entity form, it is not all that simple. We'll look at the top 7 reasons to incorporate a startup as Pvt Limited Company Registration . It is essential to have the right information available for entrepreneurs. We are often on our own. 1. Corporate personality: The company is an independent legal or juristic entity of its members (directors). Subscribers to the memorandum, and all other persons, will be able to exercise all the functions of an incorporated company under the Act. They will also have perpetual succession and a common seal that gives them the power to acquire, hold and dispose of property, tangible or immovable. 2. Limited Liability No company member...