What is Limited Liability Partnership Registration?
Key Features
Requirement to PLC
Documents Required
Advantages
DIsadvantages
What is Private Limited Company Registration ?
Private Limited Company Registration is the process of legally establishing a private limited company (Pvt Ltd) under the Companies Act of a country. A private limited company is a type of business entity that limits the liability of its owners (shareholders) to their share capital. It restricts the transferability of shares and has a maximum limit on the number of shareholders, making it suitable for small to medium-sized businesses.
Key Features of Private Limited Company
Limited Liability
Shareholders are not personally liable for the company's debts beyond their shareholdings.
Restricted Ownership
Ownership is limited to a small group of shareholders, often family members or closely related parties.
Separate Legal Entity
The company has its own legal identity, distinct from its owners, capable of entering contracts and owning property.
Management Structure
Managed by directors appointed by shareholders, responsible for day-to-day operations and strategic decisions.
Financial Reporting
 Required to prepare and file annual financial statements for transparency and compliance with regulatory standards.
Privacy
Generally enjoys more privacy compared to public companies, as shares are not traded on stock exchanges and ownership is limited.
Requirements for PLC Registration
Documents
Pave The Way of Legal Protection






Advantages
The Way of Sustainable Growth and Resilence
Limited Liability Protection
Ease of Raising Capita
Credibility and Trust
Tax Benefits
Perpetual Succession
Ownership Transferability
Disadvantages




