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The advantages are the customer will trust you more. The disadvantages are that you will have to keep up with stringent standards.
A limited liability company, or LLC, is its own entity and can possess assets, property, and liability. This allows you shield your personal assets from the assets of the limited liability company.
following are the advantages of public limited company:limited liabilityshare issued to publiclarge capitaldistribution of workloadteam workcentralization systemfollowing are the disadvantage of public limited companylack of secrecyleg pullinglack of interests of employeesgovernment restrictions.
The advantages include: limited liability, separate legal entity, can raise large capital and freely transferable. Cadburys is a limited company which can sell its shares on the stock exchange.
1) The company has a legal existence separate from management and its members (the shareholders) 2) Members' liability is limited 3)New shareholders and investors can be easily acquired
Forming an LLC (Limited Liability Company) instead of a corporation offers advantages such as simpler management structure, pass-through taxation, and limited personal liability for the owners.
The advantages of registering a Private Limited Company in India include: Limited Liability: Shareholders' liability is limited to the amount of shares held by them. Separate Legal Entity: The company is a separate legal entity from its owners, meaning it can own property, sue or be sued. Ease of Raising Capital: Easier to raise capital through equity or debt compared to other business structures. Perpetual Succession: The company continues to exist irrespective of changes in ownership or management. Credibility and Trust: Being a registered company increases credibility with customers, suppliers, and investors. Tax Benefits: Certain tax advantages and deductions are available to private limited companies.
Converting a private limited company to a public limited company offers advantages such as increased access to capital through public share offerings and enhanced visibility and credibility in the market. However, it also entails disadvantages, including the loss of control as ownership becomes dispersed among public shareholders and the increased regulatory scrutiny and compliance costs associated with being publicly traded. Additionally, public companies may face pressure to meet short-term performance expectations from investors.
can someone spell out what fringe benefit tax is and how an accountant of a compnay should compute the same
Limited company formation is the process of forming a limited company. A limited company is a company (usually a new company) that is organized for owners having limited liability.
One disadvantage to owning a private company is the fact that financing the business may be difficult. An advantage to owning a private company is the fact that you are in control of your business decisions.
A limited company is a company with limited liability. As per the company law, a company is legal entity and can have assets and liabilities. In India, we have two types of Limited companies i.e. a public limited company and a private limited company. A public limited company has its shareholders as public and a private limited is owned and governed by an individual or a group of individuals.