COMPANY REGISTRATION
Registering a private limited company is one of the most
popular ways of starting a business in India. It has various tax and regulatory
advantages. It is the most prevalent and popular type of corporate legal entity
in India. Private limited company registration is governed by the Ministry of
Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules,
2014. To register a private limited company, a minimum of two shareholders and
two directors are required. A natural person can be both a director and
shareholder, while a corporate legal entity can only be a shareholder. Further,
foreign nationals, foreign corporate entities or NRIs are allowed to be
Directors and/or Shareholders of a Company with Foreign Direct Investment,
making it the preferred choice of entity for foreign promoters.
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