Setting up a limited company; benefits and drawbacks

Setting up a limited company; benefits and drawbacks

When registering a company, there are many options to consider. One of the most popular company registration options among the modern businesses is setting up a limited company. Although a limited company is mostly associated with benefits, some drawbacks are also associated with limited companies. Therefore, before opting for a registration, it is important for every business owner to analyze both the benefits and drawbacks to get a clear insight. This article points out the advantages and drawbacks of setting up a company. Benefits Setting up a limited company is…