Why it is Recommended to Register a Company in India?

1. Why it is Recommended to Register a Company in India? leintelligensiaipr

2. In India, it is mandatory to register a company for all Indian states. And it has various advantages in the long run. However, company registration in India requires various corporate and regulatory agreements. There are numerous benefits to company registration. Apart from giving your startup legal recognition and a legal right for you, it has several other benefits.

3. Benefits of Company Registration Protection of Limited liability Recognition as a legal entity Low Tax liability Establishing a reputation Easy transfer of ownership

4. Limited liability is perhaps the best advantage of company registration. As a sole proprietor or trader, you are only answerable for a wide range of parts of your business, including debts and losses. You can save your resources by registering your company. Occasions like a business failure or some other reason lead to place sole dealers and associations in a problematic situation. Directors and owners of the company stay disengaged if there should arise issues like a business failure. Protection of Limited liability

5. Recognition as a legal entity Company registration grants your startup a legal status or recognition under a particular field. It sets up the presence of the company separate from chiefs and the company members. Registering your company helps your company to develop its market and extend the business as the organizations which are lawfully perceived are more liked in the corporate world.

6. Tax rates are higher on individual compared to companies and small business. Being a sole trader, you are in a similar tax slab as an individual. The companies and small business units will subject to tax deductions for advertisements, repairs, maintenance, Research, and Education. Registration of your startup is a company that brings down your taxation rate. Low Tax liability

7. A Registered company was always considered a reputable organization. Company registration is a process that enables you to set a mark of reputation among its customers and the stakeholders. Customers and clients are the most important asset of a company. This is why you need to register your startup as a company. Establishing a reputation

8. It isn't easy to transfer ownership for an unregistered business entity. On the other hand, the transfer of shares and business-related documents is easy for registered entities. Easy transfer of ownership

9. Le Intelligensia Le Intelligensia specializes in intellectual property law and corporate law. We are providing our services on company registration in Bangalore.

10. Contact details Website www.leintelligensiaipr.com Mobile phone 9108569562

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