A Private Limited Company in India combines elements of a partnership firm and a publicly-traded company, requiring a minimum of two individuals for registration. This type of company allows a person to hold positions as both a shareholder and a director. Shareholders of a Private Limited Company enjoy protection against personal liability and legal consequences.
In the case of Private Limited Companies (PLCs), the liability of each member is restricted to the extent of their share ownership. Once the Certificate of Incorporation is obtained, the Indian Private Limited Company becomes operational, a process typically taking around 15 business days to complete.
WINAXIS Advisory is a pioneering business platform built on innovative ideas. We offer extensive services in incorporation, compliance, advisory, and management consulting, catering to clients worldwide. WINAXIS Advisory streamlines and expedites the process of establishing a private limited company, in addition to services like partnership registration, HUF incorporation, LLP incorporation, and One Person Company registration. We also provide specialized Secretarial Compliance Services. Reach out to us to arrange a complimentary consultation.