Disadvantages of Private Limited Company
Private Limited Companies offer several advantages, such as limited liability for shareholders, separate legal entity status, and ease of raising capital. However, there are also some disadvantages to consider, such as.....
1. Public Disclosure of Information
2. High Compliance Cost
3. Limited Management Control by Owners
4. Restricted Share Transfer
5. Lengthy Incorporation Process
6. Exhaustive Winding Up Process
7. High Taxation
8. Greater Social Responsibility
9. Strict External Regulations
10. Complex Accounting and Auditing Standards
2. High Compliance Cost
3. Limited Management Control by Owners
4. Restricted Share Transfer
5. Lengthy Incorporation Process
6. Exhaustive Winding Up Process
7. High Taxation
8. Greater Social Responsibility
9. Strict External Regulations
10. Complex Accounting and Auditing Standards
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