Registering a Private Limited Company in India is optimal for startups aiming for funding and sustained growth. This entity type limits owner liability to share capital and restricts shareholders to 200. As a separate entity, it possesses its own PAN, TAN, and Certificate of Incorporation, with ownership denoted by shares. Annual compliance is mandatory.
Key Features of a Private Limited Company :
Business owners in India frequently opt to register a Private Limited Company for various reasons, including:
– Distinct Legal Entity
– Limited Liability
– Continuous Existence
– Share Transferability
