A private company or private limited company is a business under the companies’ act 2013. Private limited companies are a perfect method of beginning and structuring startups with a better scope of growth as compared to partnerships because it is straightforward to boost capital from monetary establishments because of its higher stability and reliability.
The minimum number of the members of a private limited company is 2 and the maximum number is 200. Number of shareholder of a private limited company should be below 50. Have the advantages of both partnership as well of limited liability is the best benefit of having a private limited company.
The minimum number of the members of a private limited company is 2 and the maximum number is 200. Number of shareholder of a private limited company should be below 50. Have the advantages of both partnership as well of limited liability is the best benefit of having a private limited company.
