As per Companies Act,2013 different types of a private limited company can be incorporated with varying levels of liability for the shareholders and members. According to the business requirements, promoters can select between the following types of Private Limited Company and can also select between the entities.
Mentioned below are some common types of Private Limited Company
2. Private company limited by guarantee
3. Unlimited company
The company incorporation certificate provided by ROC in India is that of a Private Limited Company Limited by Shares. There are many types of private limited companies, but the most preferable for the business purpose is Private Limited Company– Limited by Shares. This type of Company registration gives maximum protection for its members and is most widely accepted.
Read which type of Registration is best for your Startup
Compliances of a Private Limited Company
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