Private Limited Company Registration
A Private Limited Company requires a minimum of two and a maximum of fifty members. At incorporation, a paid-up capital of Rs. 100,000 is needed. It is regulated by the Ministry of Corporate Affairs. Foreign nationals, companies, or NRIs can be directors or shareholders under Foreign Direct Investment. Directors have limited liability, and in case of default, only the company’s assets can be sold—not personal assets. Ensure your company is registered before starting a business in India.
Limited Liability Partnership (LLP) Registration in India
A Limited Liability Partnership (LLP) is a unique type of business setup that blends a partnership’s and a company’s features. In an LLP, partners enjoy limited liability, similar to shareholders in a company, while also benefiting from the flexibility and simplicity of a partnership. This arrangement grants the LLP formation its legal identity, allowing it to take legal actions and be subject to legal actions separately from its partners.