Company Formation
What Is Company
- Company formation is the method of registering a commercial enterprise within side the shape of a limited company.
- When a company is registered, it will become a separate legal entity apart from its members.
- A ‘person’ is absolutely distinct from its proprietors and accountable for its very own finances, assets, and liabilities.
Why Company Formation
Limited liability is one of the most significant benefits of business registration. As a sole proprietor or trader, you bear full responsibility for all aspects of your business, including debts and losses. Registering your company allows you to safeguard your personal assets.
