Do You Have a Private Limited Company?

nomad

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I have a private limited company. Do you have a private limited company? Do you have the desire to establish a Private Limited Company? In order to create a private limited company, you need join hands with a couple of people interested in the business, raise capital and register it with a department of company registration office in your town.
 
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Bisolami

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I have a private limited company. Do you have a private limited company? Do you have the desire to establish a Private Limited Company? In order to create a private limited company, you need join hands with a couple of people interested in the business, raise capital and register it with a department of company registration office in your town.
I do not have a company for now but I am planning to have one in the future. I hope I achieve that.
 

IB D

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I don't even like companies or businesses that get to the point of limited liability. The highest level of business I can do is partnership.
 

Elendu

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The steps to create a private limited company can vary depending on the country, but in general, the process involves the following steps:

  1. Choose a unique company name and register it with the relevant government agency.
  2. Draft the company's articles of association and memorandum of association. These documents outline the company's structure, governance, and objectives.
  3. Appoint directors and shareholders. A private limited company must have at least one director and one shareholder.
  4. Register the company with the relevant government agency, such as the Registrar of Companies.
  5. Obtain any necessary business licenses or permits.
  6. Open a company bank account.
  7. Register for any taxes, such as corporate income tax and value-added tax (VAT), if applicable.
It's important to note that the exact requirements for creating a private limited company can vary depending on the country, so it's advisable to consult a local lawyer or professional to ensure that you're following the correct process.
 

Bisolami

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The steps to create a private limited company can vary depending on the country, but in general, the process involves the following steps:

  1. Choose a unique company name and register it with the relevant government agency.
  2. Draft the company's articles of association and memorandum of association. These documents outline the company's structure, governance, and objectives.
  3. Appoint directors and shareholders. A private limited company must have at least one director and one shareholder.
  4. Register the company with the relevant government agency, such as the Registrar of Companies.
  5. Obtain any necessary business licenses or permits.
  6. Open a company bank account.
  7. Register for any taxes, such as corporate income tax and value-added tax (VAT), if applicable.
It's important to note that the exact requirements for creating a private limited company can vary depending on the country, so it's advisable to consult a local lawyer or professional to ensure that you're following the correct process.
All these steps are necessary but you need to have enough money before you can own a private limited company
 

Springtime

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I do not have a private limited company. I prefer just to do work on a freelance basis. Setting up a private limited company involves some costs, such as paying for business registration, getting an auditor to audit your account and file your tax return annually.
 

Magnus2022

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Now, i don't need PLC licence because am not planning to own a company with other partners. I want to grow my business first before planning of entering into partnerships.
 

Bisolami

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I do not have a private limited company. I prefer just to do work on a freelance basis. Setting up a private limited company involves some costs, such as paying for business registration, getting an auditor to audit your account and file your tax return annually.
I also prefer to work online for now but I am willing to have a private limited company very soon because I have always dreamt of having one
 

flower

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I have a private limited company and it is a very nice idea to create one if you haven't because creating more sources of income is one of the ways to generate money and create financial freedom.
 

Stardom22

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I currently don't have any company that I own. However I have considered owning one when I will start my dream businesses in the coming near future. However it requires more capital to own and manage one in my country .
 

SHAHID987

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It's not very easy to start a private limited company as it required somewhat a fixed and very high amount to show, alone it is very difficult but we can start it with few people.
 

Carson20t

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I am not at the level where I can incorporate more companies yet, therefore a sore proprietorship company does work for me. This whole year I will be working with a sore proprietorship company and corporative. It is still enough for me to achive most of my objectives and goals.
 

uptrendfinancialsignal

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I am not at the level where I can incorporate more companies yet, therefore a sore proprietorship company does work for me. This whole year I will be working with a sore proprietorship company and corporative. It is still enough for me to achive most of my objectives and goals.
It is true that when you have not I gotten to the stage of developing a big company, you will settle for sole proprietorship.
 
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