Filing Bazaar
Choose Right Public or Private Path for Your Company
When you starting a business, there are so many queries raised regarding the start of your business. However the top preference among them is choosing of the suitable legal structure. Many new startups, especially those in financial industries, dream of taking their companies public. However choosing the suitable legal structure that will protect your private and personal assets and that allow the growth of the newly founded business.
The choice of a perfect legal business structure will affect numerous aspects of your business management related to tax benefits and obligations and the level of liabilities. However every business needs legal protection so for that here the team of Filing Bazaar supports you with all legal services especially the private limited company registration.
Business leaders who have to take decision whether to choose private or public or not to go public shared the pros & cons of each side, and offered advice for choosing the best legal structure. Whatever you choose the registration and filing of the company is important both in Private Limited Company Registration and public limited company registration
Why go public?
By choosing a public you grow immensely both in terms of brand awareness and the financial line. Like Kevin Hrusovsky, executive chairman and CEO of quanterix. The in these of capital that typically comes along with and IPO.This becomes the fuel to the fire of company growth. So according to Hrusovsky views choosing public limited company help legitimize your company in the market and in the minds of customers.
According to the opinion of Brian Stafford the CEO of Diligent, the public status and reviews regarding his company bring it the credibility needed to grow quickly, in a transparent, accountable way. ‘’Being in public limited allowed us to not just raise funds in a way but private limited companies are not allowed these facilities and also the credibility to the customers .
Because of these factors some people choose public limited company as a legal business structure.
WHY CHOOSE PRIVATE LIMITED COMPANY
A Private Limited Company is not like a public Limited Company because a private limited company can’t trade its shares among the general Public. But it doesn’t states that private companies don’t have shares and there’s none who can own them . In private limited companies the shares are owned and privately traded by few investors.
Although the growth opportunities that comes under IPO are huge but there are some bad effects or factors that leads to a person or business owner to think twice. But for every business startups business needs to take a license or has to registered with government as per MCA rule of companies act 2013 , here FilingBazaar team helps you in choosing the best legal structure of business and helps in Business registration , especially private limited company registration.
