What Are the Disadvantages of a Private Limited Company?

Answer

High taxes, smaller dividends and complex set-ups are some of the disadvantages of a private limited company. Many private limited companies are very profitable, but these profits become diluted because they have to be distributed evenly among all shareholders. A PLC is very expensive to establish, as legal fees or other incidentals involved in the business must be paid.
Q&A Related to "What Are the Disadvantages of a Private Limited..."
(1) the cost and effort required to file annual accounts at Companies House (2) the corporation tax you have to pay
http://wiki.answers.com/Q/The+disadvantages+of+a+p...
Limited liability companies are popular for startup businesses. logo company image by haruspex from Fotolia.com. In the past, there were only two main corporate structures that business
http://www.ehow.com/list_6658333_advantages-disadv...
You have not said what you are comparing to - I assume either sole trader or partnership (which are essentially identical for the purposes of this comparison). The main advantage
http://answers.yahoo.com/question/index?qid=200911...
Pallav is right - there's no direct conversion possible yet. The only way is to create a pvt. ltd. and transfer assets over. For a service company this shouldn't amount to much (unless
http://www.quora.com/India/What-is-the-process-of-...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2015 Ask.com