Registering your business is always the best thing to do as it brings with it taxation benefits, credibility, and the ability to quickly scale or expand your business, and a considerably hastened process of sanctioning business loans. It also allows you to hire full-time employees and pay them according to state laws.
1. Increased credibility with customers and suppliers.
2. Protection of your business name and logo.
3. Ability to sue or be sued in court.
4. Access to government contracts.
5. Eligibility for tax incentives.
6. Simplified operations by having a single point of contact with the government.
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