PVT.LTD/LTD Registration The main purpose of doing business through a company is responsibility towards the directors and shareholders of the company. As a business or partnership, the property of the owners or partners may be at risk if the business fails, but this is not the case for a corporation. Unfortunate events such as business failure are not always within the control of entrepreneurs; Therefore, it is important to ensure the security of the investor’s personal property in case of any problems. A private limited company is a company with at least two members and more than two hundred members. Private company members have limited responsibilities, but there are many aspects of partnership. A private company does not have all the advantages of collaboration, such as flexibility, large diverse resources, and diverse talent, but it also has the advantage of greater accountability, greater security, and legality. In this sense, the private limited company is the place of partnership and general business. Features of a private limited company include name, number of members, shares, mergers, management, directors and meetings, etc. takes place. The maximum number of directors must be specified in the company’s articles of association. Company Law distinguishes between private private companies and other private companies that are subsidiaries of other public companies in terms of rights and protections. L.L.P Registration Partnership is an agreement between two or more people to share the profits of a business. The business can be operated by all partners jointly or by one partner on behalf of the other partners. Participation may be limited to a limited time or to certain events, or may be canceled at will. Changing the name of the company and its main place of business (Article 60) must be made in a new application signed and approved by all participants together with the specified fees. Changes regarding branch opening and closing. (Article 61) If a registered company ceases business at a place other than its principal place of business or starts doing business elsewhere, the partner or representative of the company may notify the registrant. Change of name and permanent address of a partner (Article 62) Where a partner of a registered firm changes his name or permanent address, the partner of the firm or his representative may notify the Registrar of this change < br > OPC Registration One Person Company Being a member of (OPC) Private Company has many advantages. Not all misfortunes in business are always under the entrepreneur’s control; Therefore, it is important to protect the owner’s assets in case the economy goes into crisis. When operating a business as a sole proprietorship, the owner’s personal assets will be at risk if the business fails, but this is not a sole proprietorship because the owners’ liability for the Business is limited to its members. This means that any loss or debt in the stock market will not affect the investor’s personal savings or wealth.
