The privateÂ limited company is the most popular type of formation of a corporate legal entity which is governed under the Ministry of Corporate affairs under Companies Act, 2013 and the companyâ€™s incorporation rules, 2014. Private limited companies are also a popular entity among foreign investors to form a subsidiary, a joint venture or 100 % owned company in India. Private Limited company can be incorporated by a minimum of 2 shareholders and a maximum of 200 shareholders. The shareholders can be a natural person or a corporate legal entity which includes foreign companies. A Private limited company should have a minimum of 2 directors and a maximum of 15 directors.
The Private Limited Company shares can be sold or transferred only by the choice of the owner which could be owned by founders, management or an entity. The shares of a Private limited company cannot be sold in an open market like public Limited companies. The Private limited company is common among most of the smaller and medium-sized businesses.
Arama is a leading Consultancy in South IndiaÂ for services such as Company Registration. Arama helps you to register Private limited company,Â one person company, Nidhi company, section 8 company, producer company or Indian subsidiary at a reasonable price within 10 to 15 working days.