Private Limited Company IIncorporation / Registration / Price Start up biz

Private Limited Company IIncorporation / Registration / Price
Start up biz

What is Private Limited company?

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 two hundred 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.

The company, holding small businesses privately is a Private Limited Company. A private limited company has limited liability to the shares which are owned by the members. Also, the shares cannot be traded publically. In this article, we have discussed all the sides of a private limited company.

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