Private limited companies are the most common business structure in India, as well as the most transparent. In a private limited company, there are two types of shareholders: The directors (who are also referred to as management members or managers) and the shareholders (also called non-management or ordinary members).
It is advisable to incorporate a private limited company when you want to limit your personal liability to an affordable limit while retaining some control over your business. With this article, you will understand the meaning of Private Limited Company and its benefits.
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