Common Mistakes to Avoid During Pvt Ltd Company Registration
Private Limited Company Registration: A Comprehensive Guide A Private Limited Company (Pvt Ltd) is one of India's most popular business structures. It offers limited liability to its shareholders, restricts the number of shareholders, and prohibits public trading of shares. Registering a Private Limited Company involves several steps, legal formalities, and compliance requirements. This guide will walk you through India's Private Limited Company registration process. Key Features of a Private Limited Company Limited Liability : Shareholders' liability is limited to their shareholding. Separate Legal Entity : The company is distinct from its owners. Perpetual Succession : The private company continues to exist regardless of changes in ownership. Minimum and Maximum Shareholders : Minimum of 2 and 200 shareholders. Restrictions on Share Transfer : Shares can only be transferred with the consent of other shareholders. Prerequisites for Registration Directors : Minimum of ...