Benefit of forming company

Benefits of forming pvt ltd:

1. It has a limited liablity. Hence it secures your personal assets in case of lawsuit.

2. Perpetural succession- member dies but company go on forever. 

3. Name protection- You can protect your business name.

4. Credit buildup- In compare to proprietorship or partnership, Credit worthiness of company is more.

5. Tax relaxation

A lots of benefit, if you forms a pvt ltd.