Limited Liability

Starting a business begins with an idea to fulfill a need in return for compensation. As the idea takes form, the owner of the idea starts putting a structure around it by letting the world know what he/she is offering and how they can patronize the product or service. The business then progresses to the point where people start paying for the service or product and at this point it becomes obvious that for the business to be taken serious the business owner needs to separate his person from the business.

Whilst registering a company is not mandatory there are several reasons why it would be beneficial for you to register your business. They include:

  1. Ability to open a Corporate Account.
  2. Customers/Clients take you more serious if your Company is registered
  3. Banks only grant business loans to registered businesses
  4. Your Company becomes your brand
  5. Limitation of Liability- This means you will not be personally liable for the debts of the Company.
  6. Investors are more comfortable with a registered business.

Kudi Konsult offers seamless Incorporation services to anybody in any location.

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