Satish Mirzapuriya (17 Points)19 January 2020
Expenditure depends upon your vision and capital you infuse, and regarding benefits, it can ease in doing business as it is a separate legal entity so easy to avail corporate loans, easy to fill any government tender procedure, easy to adjust excessive expenditures, considered as a goodwill and transparent for foreign transactions, easy to trademark application and registration, in case of manufacturing unit, start up benefits can also be available for private limited companies
Yes... I agreed to Mr CS Vishal Mehta.,
But, Now ltd company have more provisions and restrictions. If it's consider then Yes You can go with Pvt Ltd...
if you want legal and proper growth and expansion alongwith easy availability of outsiders/borrowers fund then private limited company is best solution rather directly forming limited companies and yes there can also be certain restrictions in borrowing and lending amounts in private limited companies, furthermore it may also penalize you heavily in case of non compliances of basic routine and annual compliance.