Private Limited
Private Limited
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A Private Limited in some of the oldest and preferred form of business corporations in India. A Private limited company is a closely held form of business with 2 or more directors and shareholders. A Private Limited company has a perpetual succession and is also easy to manage, run and transfer. It is the first and foremost choice of angel investors and venture capitalists as well. A private limited company can be started with no minimum or maximum capital.
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FAQ
Yes, sole proprietorship can be converted into private company registration after following the companies act, 2013 procedures.
Yes, any foreign nationals, entity or an NRI can become a director or shareholder of a private limited company in India.
No, a private limited Company cannot invite the general public top to subscribe to the company shares.
A private limited company needs a minimum of 2 directors and a maximum of 15 directors to register a company.
Yes, A company can change its registered office any time after following a specified procedure. The changed address can be situated within the same state or in a different state from the state in which it was originally registered.
Yes, A private limited company can be set up following provisions of the Companies Act, 1956