Reasons to register a Private Limited Company
Separate Legal Entity
Private Limited Company is a legal entity and a juristic person established under the Companies Act.
A private limited company will have uninterrupted existence until it is legally dissolved. A company being a separate legal person, is unaffected by the death or other departure of any member and continues to be in existence irrespective of the changes in ownership.
Shareholders of Private Limited Company
Minimum two share holders and two directors are required to form a private limited company
Transfer of Shares
Shares are transferred within the company and it is not tradable.
Being a Company opportunities to do the business are more in case of OPC.
Easy Financial Help
Banks and Financial Institutions prefer to provide funding to a company rather than partnership firms or proprietary concerns.