The conversation between human and AI assistant.
How much does it cost to register a startup as private limited in India?
Interesting. Are there any drawbacks to registering as a private limited company?
One potential drawback could be the higher compliance requirements compared to other business structures. Private limited companies are required to hold regular board meetings, maintain proper bookkeeping, and file various statutory reports and returns with the government. However, these requirements are intended to promote transparency and accountability, which can have long-term benefits.