Private Limited Company, being the most popular legal business structure, mostly preferred by anyone with a long-term business aspirations and goals. A Private limited company, one of the most credible and reliable structure, can be incorporated with minimum 2 shareholders and 2 directors. It can have maximum number of 15 directors and maximum number of 200 shareholders. Member/Shareholder of a private limited company have limited liability towards its creditors. Personal assets of a Shareholder/ Directors cannot be attached by banks / creditors in case of a default and any recovery can be made by selling of company’s assets only.
Doing business in a Private Limited Company structure helps in raising funds from venture capitalists and it is mostly preferred by Tech companies and startups. Private Limited Company enjoys lower tax burden as compared to LLP and Partnership Firms. We, A Z R Consulting assist and help Company Registration in India in all major cities including New Delhi Noida Gurugram etc.
Doing business in a Private Limited Company structure helps in raising funds from venture capitalists and it is mostly preferred by Tech companies and startups. Private Limited Company enjoys lower tax burden as compared to LLP and Partnership Firms. We, A Z R Consulting assist and help Company Registration in India in all major cities including New Delhi Noida Gurugram etc.