Under the Companies Act, 2013, a private company must have at least two directors, with a maximum of 200 directors. Benefits of Incorporating a Private Limited Company Partnerships, for example, are liable for any debts incurred by all partners. The partners will have to sell their personal assets if the partnership cannot repay its debts. … Read More “Maximum Number of Members in a Private Company” »
Tag: Private Limited Company
It seems like everything is a race when you’re developing your startup. This is a race in which you create a minimum viable product, recognize local business models, and identify a co-founder who is in the same mindset as you. Consequently, even the things that aren’t a priority to you look important to you. Entrepreneurs … Read More “How to Plan Your Company Registration Better: 3 Tips” »
Over the past few years, the number of businesses registered as Private Limited Companies has increased greatly. Various factors have led to it becoming one of the most popular processes for registering businesses. According to the latest reports, the number of company registrations has risen by 26 percent. Compared to the previous years’ reports, which … Read More “Understand The 8 Key Compliances for Registering a Private Limited Company” »