Private Limited
Private Limited
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.
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