A Private Limited Company is a business structure that offers limited liability to its shareholders and operates as a separate legal entity.
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The legal process of formally establishing a private limited company, providing it with distinct legal identity, limited liability for its shareholders, and operational autonomy through registration with regulatory authorities.
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A Private Limited Company is a business structure that offers limited liability to its shareholders and operates as a separate legal entity.
A minimum of two shareholders and two directors are required. The maximum number of shareholders is limited.
The process involves obtaining DIN and DSC, choosing a unique name, drafting MoA and AoA, filing incorporation documents, and obtaining the Certificate of Incorporation.
No, there is no mandatory minimum capital requirement for Private Limited Companies.
The duration varies but typically takes a few weeks, subject to document submission and regulatory approval.
Private Limited Companies have ongoing compliance requirements, including filing annual returns, conducting statutory audits, and maintaining corporate records.
Yes, a Private Limited Company can be converted into a public limited company or another legal structure, subject to regulatory approvals.
Directors are responsible for the management and decision-making of the company, ensuring compliance with legal requirements.
Yes, a registered office address is required for communication and statutory purposes.
Yes, a foreign national can be both a director and shareholder, subject to compliance with the Foreign Direct Investment (FDI) regulations.