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...
AdvantagesL. (1) Limited liability i,e, if the company runs into financial problems, and has to be wound up, then you are not personally liable for more than £1 of its debts
http://answers.yahoo.com/question/index?qid=200610...
You do not have to be a resident of Delaware - or even the United States - to form a LLC in Delaware. You must have a registered agent in the state who has the same business office
http://www.ehow.com/info_8018828_limited-liability...
The process of a taking a private company is a long, complicated affair that can take as long as two years to complete, according to the Reference for Business website. This may open
http://www.ehow.com/list_7451049_weaknesses-privat...
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