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| Dear (Customer Name), |
Key Benefits of Company Registration
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Legal Entity
Any Company is a legal entity that exists in the actual world. It is a legal person whose existence is distinct from that of its directors and stockholders. It is a legal entity constituted under the Companies Act. Likewise, it has the ability to sue and be sued in its own right.
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Succession in perpetuity
The company has the ability to continue or endure indefinitely. It describes the continued existence of a corporation or firm until it is officially disbanded.
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Limitation of Liability
Restricted Liability is a legal obligation to repay a limited number of debts. The members' liability for the company's obligations is limited, i.e., to the face value of the share acquired by them. |
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Shares are freely and easily transferable
The number of shares in a firm is limited by the number of shares acquired. It can be transferred to another individual by a shareholder. Shares can be transferred to whoever the shareholder wishes. The buyer of shares would be given a signed copy of the share transfer form as well as share certification.
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