What are the advantages of a Private Limited Company?
Limited liability: If the company goes insolvent, the shareholders' assets are safe.
Restricted sale of shares: Shareholders in a private limited company are not allowed to sell shares to the general public. The shares are only available to members of the private limited company. If a shareholder wants to sell his shares, he sells them to members of the private limited company.
Existence: A private limited company has the advantage of maintaining its existence even after the owner has died.
Separate legal entity: A private limited company's assets and liabilities are distinct from those of its shareholders. If a private limited company is in debt, the shareholders' assets and liabilities are unaffected.
Capital: There is no minimum capital requirement for a private limited company. You can start the business with whatever capital it has.
Check out RTRSupports Limited if you are looking to form your own limited company in the UK.
You will need to log in to RTRSupports Limited website, place your order, fill up a form and submit all the needed documents. Your company will get registered within a few hours.
Website: www.rtrsupportslimited.com
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