Advantages of Public Limited Company Registration.
- Limited Liability :One Person Company is the only type of corporate entity that can be started and operated by a single promoter with limited liability protection in India.
- Continuity of Existence: A company has 'perpetual succession', meaning uninterrupted existence until it is legally dissolved.
- Separation of Management and Ownership:Ownership of a business can be easily transferred in a company by transferring shares.
- Brand Value :Banks and Financial Institutions prefer to provide funding to a company rather than partnership firms or proprietary concerns.