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It is a Company registered under Companies Act, 2013. Private Limited Company is highly recommended entity to start a business due to its various advantages. We the team of Professionals at TaxMistri Provides best in class assistance and services for a Company registration and formation.
Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum of two members and a maximum of fifty members. The directors of a private limited company have limited liability to creditors. In a case of default, banks/creditors can only sell company’s assets but not personal assets of directors. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority. It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.
Minimum Requirements for Company Registration