Advantages and disadvantages of a Limited Company Last week, we discuss the advantages and disadvantages of a Limited Company in details. Here is the summary for your clear understanding. Disadvantages Involvement of considerable documentation and expenses in forming and maintaining a company. A company has to disclose certain information to the public. This happens by filing returns with the Companies Registry, …
What are the Disadvantages of a Limited Company?
Limited Company A limited company has several disadvantages, such as: Publicity: a company is required to disclose certain information to the public by filing returns with the Companies Registry, such as: – Personal particulars of shareholders – Personal particulars of directors – Company secretary – Transfer of shares – Capital structure – Annual Accounts Expenses: There are the expenses of …
What are the Advantages of a Limited Company?
Limited Company A limited company has several advantages, such as: Limited liability: the liability of the shareholders for the company is limited to the amount of their respective shareholdings. If the company collects a lot of debt and is unable to pay it back, they may wound up the shareholders so that the assets owed by the company will be …
Event: Startup in Hong Kong – All You Need to Know (FREE)
Thinking of starting up your new venture? As per request from many of you, below is the seminar details we will cover: 1. How to select your company structure, Limited or Unlimited? 2. Startups for non HKSAR Citizens. 3. How to do invoicing and maintain book keeping. So come along for FREE professional advice and to learn great tips and …