Private Limited Company

A Private Limited Company (PLC) is a type of business entity privately held by a group of shareholders. It is one of the most popular and trusted forms of business structure in India due to its limited liability protection, separate legal identity, and ease of fund raising.

This structure is ideal for startups, small and medium enterprises (SMEs), and businesses looking to raise investment or venture capital funding.

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Why Register as a Private Limited Company?

  1. Limited Liability
  2. Separate Legal Identity
  3. Fundraising & Investment
  4. Perpetual Existence
  5. Tax Benefits
  6. Enhanced Credibility
  7. Easy Transfer of Shares

Requirements for Private Limited Company Registration

To register a Private Limited Company, you must meet the following basic requirements:

  1. Minimum Directors At least 2 directors (maximum 15). One director must be an Indian resident.
  2. Minimum Shareholders At least 2 shareholders (can be the same as directors).
  3. Capital Requirement There is no minimum capital requirement, but the capital must be declared during registration.
  4. Registered Office Address A local address in India to receive official correspondence.
  5. Unique Company Name The name of the company should be unique and not similar to any existing company name or trademark.
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