Company registration
Company registration is the official process of legally forming and recognizing a business as a separate entity under the law. It gives your business a legal identity, allows it to operate legally, and provides certain rights and responsibilities.
Key Features of Company Registration:
- Legal Recognition: The business becomes a recognized entity (like a company, corporation, or LLC).
- Limited Liability: Your personal assets are often protected if the company faces legal or financial trouble (varies by business type).
- Tax Benefits: Registered companies may access tax deductions or benefits.
- Business Credibility: Customers, investors, and partners often trust registered businesses more.
- Banking & Contracts: You can open a business bank account and sign contracts in the company’s name.
- Compliance: It ensures your business complies with local, state, and national laws.
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