What are the advantages of becoming a Private Limited Company?

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Partners can bring in different areas of expertise, more finance available, workload can be shared and partners in a stronger position than a sole trader to raise finance from lenders.

Shareholders have limited liability, control of compnay not lost to outsiders, more finance can be raised from shareholders and lenders and significant experience and expertise from shareholders and directors.

Huge amounts of finance can be raised, often dominate their markets and easy to borrow money from lenders due to their large size.

Company will pay lesser Tax to government