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Any two or more persons who are desirous to start their own business or want to enter in the corporate world with the participation of their family members or their close friends with whom they feel motivated to work hard can choose a private limited company to start their business in corporate world…
A company comes into existence is generally by a process refer to as a incorporation of a company
Private limited is a very interesting concept in business world where with the help of your innovative mind,, hard work and very minimum contribution you can step into corporates .
There are number of benefits derived by incorporating a private limited company:
1.) Liability is Limited
2.)Tax Benefits
3.) Government Intervention is Less
4.)Perpetual succession
5.) No need to disclose lots of information to other people.
6.)Minimum number of directors.
7.)Minimum number of shareholders.
8.) Easy to form.