{"id":348,"date":"2017-02-02T10:16:40","date_gmt":"2017-02-02T10:16:40","guid":{"rendered":"https:\/\/companyregistrationonline.in\/?p=348"},"modified":"2020-12-30T08:46:54","modified_gmt":"2020-12-30T08:46:54","slug":"advantages-of-private-limited-company","status":"publish","type":"post","link":"https:\/\/companyregistrationonline.in\/blog\/advantages-of-private-limited-company\/","title":{"rendered":"Advantages of Private Limited Company"},"content":{"rendered":"

A private limited company<\/a> is a privately held business entity. There are many advantages of private limited company<\/a> where business owners hold all the shares of the company privately. The Shareholders may operate the business themselves, or either hire directors in order to manage the company on their behalf. Company\u00a0Registration<\/a> result in the protection of personal assets, access to more resources, financial assistance and also helps in greater tax cuts. Company Incorporation<\/a> requires a minimum of two members and can be easily extended up to two hundred. A minimum requirement of directors is two and maximum limit is fifteen. Private Limited Company<\/a> will have benefits as\u00a0a partnership firm.<\/strong>\u00a0Registration of a\u00a0Private Limited\u00a0 Company<\/a> is done according to The Companies Act,2013 read with rules. It\u00a0<\/strong>is always a better option than\u00a0LLP\u00a0 or\u00a0One Person Company<\/a>.<\/p>\n

Read More about Differences between Private Limited Company and LLP<\/a>.<\/p><\/blockquote>\n

Advantages of private limited company<\/strong><\/h2>\n

Here are a few advantages of Private Limited Company Registration<\/a><\/p>\n