Economy, asked by SiphoZ, 7 months ago

what are the advantages of a private limited company

Answers

Answered by Anonymous
3

The advantages of registering as a private. company are as follows:

The company has a perpetual lifespan and can continue if one of the owners dies. Shareholders have limited liability, but directors are personally liable, if they are knowingly part of running the business in a reckless or fraudulent manner.

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