No question that running your business is energizing. But with that energy comes the reality that mischances happen and (shockingly) businesses now and then fall flat. This is often where one of the leading benefits of incorporation of company with SECP comes into play.
By registering your business as a Company, you’re securing your
assets from business obligations. If your business falls on
difficult times, your individual property is regularly off limits
to liability against business creditors or liability of any other
business dues.
But if you haven’t incorporated your business as a company or LLC
then your assets will be liable to set off any business debt and
other liabilities of the business. Hence your assets may be sold
out by authorities to reimburse your business obligation.
No question Keeping you and your family secure and secure against
any outstanding business liability by incorporating your business
in the Securities and Exchange Commission of Pakistan (SECP).
By incorporating your business with SECP, you may get many tax
advantages and rebates from the Federal Board of Revenue.
After incorporation of the company, in case of need, you may
easily get credit/loan from the commercial on behalf of the
company.
For further detail please contact us.
Leave a comment