
In India Private Limited Companies are governed by the Ministry of corporate affairs (MCA). Registering of a company is made easy through online filing. Minimum of two people are required as directors and shareholders to form a company. Documentation required for registering a Private limited company are Director’s PAN, proof of address & bank statement.
- Definition of private ltd company as per Section 2 (68) of the Companies Act, 2013
- It is recommended to get a private limited company registration as this type of company offers limited liability to the shareholders with certain restrictions that are placed on the ownership.
- More than 20 lac companies are registered in India & 12 lac companies are currently active.
- After the name of the company, the word “limited” is added as suffix .You can do the registration through XAAS Technologies in Delhi, NCR.