A private limited company is a type of business entity in which shareholders have limited liability and the shares are not publicly traded. A private limited company can be registered with the Registr - Delhi


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Posted By: | rohit gupta |
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Posted On: | 29-October-2022 16:57 PM |
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A <a href="https://efilingcompany.com/pvt-ltd-registration-in-india/">private limited company</a> is a type of business entity in which shareholders have limited liability and the shares are not publicly traded. A private limited company can be registered with the Registrar of Companies (ROC) by filing the requisite documents along with the registration fee.
A private limited company has a separate legal identity from its shareholders, meaning that it can enter into contracts and own property in its own name. The most common type of private limited company is the "Limited Liability Company" or LLC. In order to register a private limited company, an application must be made to the Companies Registrar. The Registrar will then issue a Certificate of Incorporation, which is proof that the company has been registered and exists legally. To qualify for registration, a private limited company must meet certain requirements, such as having at least two shareholders and a registered office address. Once registered, a private limited company must comply with various rules and regulations, such as filing annual financial statements and holding shareholder meetings. By following these requirements, a private limited company can operate smoothly and effectively. Registering a private limited company can be a complex process, but it is worth undertaking in order to enjoy the benefits that come with having a separate legal identity.