A Private Limited Company is a popular business structure in India that offers entrepreneurs a robust and flexible framework for business growth. It is a separate legal entity characterized by limited liability, professional credibility, and significant operational advantages.
Key Features of Private Limited Company
- Minimum of 2 shareholders
- Maximum of 200 shareholders
- Shares cannot be publicly traded
- Shareholders’ liability limited to their invested capital
- Perpetual succession independent of ownership changes
Benefits of Private Limited Company Registration
- Founders Protection
- Enhanced Business Credibility
- Easy Capital Raising
- Tax Advantages
- Continuous Business Existence
Documents Required for Private Limited Company Registration
- PAN Card
- Aadhaar Card
- Passport-sized Photographs
- Proof of Address (Utility Bill, Bank Statement)
- Proof of Registered Office Address
- Rent Agreement or
- Ownership Deed
- Utility Bill
- No Objection Certificate (NOC) from Property Owner