Set Up a Private limited Company

Limited Liability: Shareholders are protected from personal financial loss; their liability is limited to the amount they have invested in the company, safeguarding personal assets from business debts and liabilities.

Legal Independence: The company is recognized as a separate legal entity, enabling it to own property, enter into contracts, and initiate legal actions independently of its owners.

Tax Efficiency: Private limited companies often benefit from preferential corporate tax rates and can leverage various allowable deductions and incentives to reduce overall tax liability.

Enhanced Credibility and Trust: Operating as a registered company enhances your business’s professional image and credibility, instilling greater confidence among clients, suppliers, and investors.

Ease of Raising Capital: The ability to issue shares makes it simpler to attract investments and funding, supporting business growth and expansion initiatives.

Perpetual Succession: The company’s existence is not affected by changes in ownership or the death of shareholders, ensuring ongoing stability and continuity.

Ownership Flexibility: Shares can be transferred or sold, facilitating smooth succession planning and enabling the introduction of new investors or partners.

Branding and Professional Image: Incorporating “Limited” into your business name signifies a formal, professional operation, which can positively influence customer and partner perceptions.