What is Private Limited Company ?

A Private Limited (Pvt. Ltd.) company is a company formed with 2 or more members. The maximum members prescribed is 200. Pvt. Ltd. companies are not listed on the stock exchanges, i.e. their shares cannot be freely traded. Since, it is relatively easier to register a Pvt. Ltd. company it is the preferable form of company for most businesses. The scope of a Private Ltd. company is limited, due to the restricted number of shareholders, but it enjoys less legal restrictions. Before getting your private limited company registration ,the following key points must be kept in mind :

*There should be a minimum of 2 directors and the maximum can be 15.

*The word “Pvt. Ltd.” must be suffixed in its name.

*There is no capital requirement, a pvt. company can be registered with any amount of capital.

