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Are you going to start a new company for your business? You may be wishing to make it as a Pvt Ltd Company. But don't have much idea about the same - like what is called a Private Limited company; what are the benefits to create it; what are the drawbacks; how much employee you can hire; what are the criteria, you need to fulfill to Start a Private Limited Company Registration in India. Well, the company name type can give you some idea about it. A Private Limited Company is Privately Limited business organization. The ownership of the company is controlled and managed by one or several individuals and not by public. Those owners held shares of the same among themselves. The Pvt Ltd companies can't sell the shares to the public in order to get investment. Naming you company will be among the first requirements. First the Name, then the type of the business and last is the word Private Limited Company will be there. The name must be unique and meaningful in order to ge

Public limited company is a distinct legal entity with limited liability and its shares can be sold to the public. It can sell its shares to the public as these can be transferred freely without permission of the shareholders. Company name can be formed after the name of the public. A public limited business operates just as a private limited company  does in terms of operational capacity; however, it is also separate in how it works, as shares are open to public ownership. Because of this public access, the business must publish its annual  account results to provide an accurate representation of its current profits, financial position and tax responsibilities. What are their characteristics?   These are the special characteristics of a Public Limited Company (PLC) :- •    Its name will end with the designation of Public Limited Company •   At least 25% of the nominal value of its shares and the whole of any share premium must be paid   up on registration. •   It will norm

Public limited company is a distinct legal entity with limited liability and its shares can be sold to the public. Company name is created after the name of the public. There is not any provision for company in Government Start-up scheme. Seven or more members can be included in the company and there is not any limit about the maximum number. A public limited company is a large enterprise with its objective to collect funds from public through different modes like IPO (Initial Public Offering), draft etc. Shares of Public Limited Companies are traded in stock market. A public limited company is the biggest type of business available in India. Procedure of Public Limited Company Registration :-  Following points should be kept in mind while registering a public limited company: At least 3 directors are needed to make a public limited company. At least 7 shareholders are compulsory while making a public limited company.  Minimum subscribed share capital and authorized c