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Furthermore, a registered company often has greater potential for growth. It can be easier to raise capital from investors, as they are typically more comfortable investing in a formal corporate structure. The structure of a company also allows for the easy transfer of ownership through the sale of shares. This can be a critical factor for long-term strategic planning, including succession or exit strategies. Finally, registering a company can enhance your business's credibility and public perception, making it more attractive to clients, suppliers, and potential employees.
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