Private Limited Company is a popular legal structure for businesses, ideal for those looking to raise funds and with long-term business plans. It requires a minimum of 2 directors (DIN) and a maximum of 200 directors (DIN), as well as a minimum of two shareholders and a maximum of 200 shareholders. One of the key advantages of a Private Limited Company is that the owners have limited liability to creditors, meaning that in case of default, creditors can only sell company property and not the personal assets of directors.
IT companies and startups often prefer Private Limited Company due to its ease of raising funds from venture capitalists and the availability of safe contracts for fundraising. Additionally, the tax rate for Private Limited Companies is generally lower compared to other types of companies. Bhakat Associates is a leading platform in India for legal services, offering easy and hassle-free Private Limited Company Registration online in major cities like Kolkata, Delhi, Lucknow, Bangalore, Mumbai, Pune, etc.
No matter what type of business you want to run or the industry you belongs to, Bhakat Associates will take care of the registration process with our easy and affordable services.