Q. What are the Advantages of Registering a Company?
nishant

What are the Advantages of Registering a Company?

By registering your business as a company, you have an organized infrastructure through which you can run your business. Major benefits of this include:

  1. Limited Liability: A members of the company are only liable to its losses to the extent of their contributed shares.
  2. Separate legal entity: A company is different from its founders. It’s a separate legal entity.
  3. Low cost IP registration: Once a company gets registered as a startup, the cost of IP Registration services like trademark or patent registration is halved.
  4. Easy access to funds: A company can easily gain funds from banks and other investors.
  5. Trust Factor: People trust a company – making it easy for its founders to market their business.
  6. Special rights: A company can gain advantage by registering as an MSME. By being an MSME, the government provides them special incentives in tenders and exclusive contracts – providing them a way to rise above the competition in the market.

Also read about company registration process.


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Mar, 2021

Business
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Business

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