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What are the advantage and disadvantage a private limited company as against a partnership?

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chicken pie

First answer by ID3571152002. Last edit by ID3571152002. Question popularity: 2 [recommend question].

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What are the private limited company advantages?
Easier to raise finance Owners have limited liability Easier to keep the company running if a shareholder dies
What are the disadvantages of a private limited company?
Financial records must be kept in public Pay away dividense Takeovers Pension funds may have different ideas/views than the company. Split profits
What are the advantages and disadvantages of a private company?
recognized formal structure limited ability ability to pay dividends in lieu of salary separation of personal and company assets continuity of business beyond the individuals
Advantages of private limited companies?
Once you form a Private Ltd company it is useful in two ways1. Your Company name and Identity will be focused in India ( Because the name what you select will not have similar name in India)2. Once...
Tax advantages of private limited company?
can someone spell out what fringe benefit tax is and how an accountant of a compnay should compute the same