5.0
Aug 30, 2020
Current employee
Gurgaon, Haryana
Recommend
CEO approval
Business Outlook
Pros
company are limited liability, transferable shares, perpetual succession, separate property, the capacity to sue, flexibility and autonomy
Cons
the company can be expensive to establish, maintain and wind up. the reporting requirements can be complex. your financial affairs are public. if directors fail to meet their legal obligations, they may be held personally liable for the company's debts