Company Registration in Salem
The majority of new companies registered in the india are companies limited by shares- Private limited company. This is the standard business structure in india for any business which has been formed with the intention of generating profit for the owners of the business with limited liability.
This structure is popular because it allows the sharing of profits amongst the shareholders and also limited financial liability. The shareholders are only responsible for company debts up to the value of the shares they hold in the company.
Private limited company registration:
Private Limited Company registration can be done in India with minimum number of 2 shareholders and maximum limit is 200 shareholders. And it requires minimum two directors, and with minimum share capital. A private limited company has the limited liability and separate legal entity. Private Limited Company is a legal business entity that is registered and governed by the laws and rules laid down in the companies act 2013.
