Introduction
Private Limited Company can be framed with at least two individuals; this number can be reached out up to two hundred individuals. At least two chiefs is required which can go up to fifteen. This type of business imparts numerous comparative qualities to association firm. An aggregate of two hundred investors is adequate in a private restricted organization. A properly framed registration procedure has been stated in companies Act.
Private Limited Company can be framed with at least two individuals; this number can be reached out up to two hundred individuals. At least two chiefs is required which can go up to fifteen. This type of business imparts numerous comparative qualities to association firm. An aggregate of two hundred investors is adequate in a private restricted organization. A properly framed registration procedure has been stated in companies Act.
Advantages of Private Limited Company
1. Separate character
2. Steadiness because of Limited Liability
3. Long and congruity of Existence
4. Least necessity of investors and individuals
5. Simplicity of Raising Funds
6. Duty Advantages
7. Adaptable Relations
8. Minimum requirement of shareholders and members
9. Ease of Raising Funds
10. Tax Advantages
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