With This Article Why Private Limited Company Registration is not a Good Idea, I would Like to throw some light on facts as to why you should not choose Private Limited Company as your Business structure to carry out your business activities.
Before we begin I would like to give a Brief introduction of what is Private limited company that will enable you have clear understanding of Private Limited company.
Private Limited company is a type of Business entity or Business structure where minimum of 2 and Maximum of 200 members are required to form a business, the shareholders and members Have limited liability , it means that the Liability of shareholder is limited to extent of shares taken up by him, a private limited company needs to have 2 directors to come into existence, The Private Limited company has a separate legal identity, Private limited Company registration is governed by Indian Companies act.2013, and It is necessary to Mention Pvt Ltd After the company name.
Below I will give you some points that will help in understanding the fact why you should not opt for Pvt Ltd Company Registration in India:
In The end I would like to Inform You that Choosing a Business Structure for your business is very important and Crucial for the success of Business. Before you select any business entity that you will adapt as business model you need to make sure you study all its merit and Demerits. You also need to make sure that you are aware of your capability as businessmen. As Here I have Discussed about Private Limited company and have told you about Why Private Limited Company Registration is not a Good Idea, So when You are Planning to open a business you need to keep all the points listed above in your mind .
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