What is a Private Limited Company?

A private limited company in India is a type of company that is owned by a limited number of shareholders. The maximum number of shareholders in a private limited company is 200. Private limited companies are not allowed to offer their shares to the public.

The liability of the shareholders in a private limited company is limited to the amount of money that they have invested in the company. This means that if the company goes bankrupt, the shareholders will not be liable for the company's debts.

Private limited companies are a popular choice for businesses in India because they offer a number of advantages, such as:

If you are considering starting a business in India, a private limited company is a good option to consider.

Here are some of the key features of a private limited company in India:

What are the benefits of a private limited company?

A private limited company is a common type of business entity in India that offers many benefits for small businesses. Some of the benefits of registering a private limited company in India are:

What are the prerequisites for incorporating a Private Limited Company?

  1. DSC
  2. DIN
  3. Aadhar of the directors (Address proof covered)
  4. PAN of the Directors
  5. Passport size photograph of the Directors
  6. Aadhar of the Shareholders (Address proof covered)
  7. PAN of the Shareholders
  8. Passport size photograph of the Shareholders
  9. Holding percentage of each shareholder
  10. Recent Bank statement of directors and shareholders
  11. Name preference of the company
  12. Rent agreement or NOC from the landlord of place which will be the place of business
  13. Utility bills

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