Online Company Registration
NATURAL GROWTH A PRIVATE COMPANY
A private company limited by share provide all the advantages of incorporation and is a good medium for operating and managing enterprise so long as generally , the activity in which it is engaged is small , the owners of the business are few persons related closely or otherwise associated to each other and the resources required for managing the business are either exclusively provided by the owners or met partly by the promotes and partly from outside business which may need large financial resources . it may be necessary for this purpose for the private company to convert itself into public and draw resources by offer of it securities to the public and also get financial assistance form financial institution and banks more freely
PRIVATE COMPANY MAY BE FIRST STEP
There may be occasions when, even where a mega project its proposed to be undertake requiring large resources, the promoter may find it expedient first to register the company as a private company one and convert it into a public company at a subtitle stage after incorporation. During the said interim period the promoter may find it easy and convenient to carry on with the preliminary formalities as a private company Company Registration Coimbatore.
LARGE NUMBER OF COMPANIES WHERE SCOPE LIMITED
There are a large number of companies which are small and which are of interest only to members of a family or to close association. Their scope is limited and they are bound to continue as private company for a long time
