Our team at Helpmybiz has been trained to simplify the process for you and assist you in every step of formation for your private limited company .A private limited company is incorporated according to the rules and regulations laid out in the Companies Act, 2013. Today startups prefer to form a private limited company because of the flexibility and security this type of company has to offer. To put the popularity in numbers, in the financial year 2020, India had over 122,000 companies registered with a combined authorized capital of 2.2 Trillion Rupees. Among them, the number of private companies stood at 120,000 (almost 98%). If you are looking to raise capital in the future and limit your liability to the capital invested in the business, a private limited company is your go-to choice.
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