Private Limited Company
Private Limited Company is the very popular form of corporate legal entity in India which required minimum two directors. Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014.
If you plan on startup and you are expecting Venture Capital VC or investors, then Private Limited Company is the Most suitable option for you as it is easy to manage and the most popular form of legal entity.
Unique features of a private limited company having separate legal entity status, director’s liability is restricted to their investment only and perpetual existence make, easy transferability, ability to raise equity funds easily, it the most recommended type of business entity for small and medium sized businesses.