Private Limited Company
The legal requirements of a private limited company include filing an annual income tax return, conducting regular financial audits, and maintaining a minimum share capital.
What is private limited company?
The private limited company is a proven, successful business model. The business owners hold all shares of the company. Shareholders may operate the business themselves, or hire directors to manage the company on their behalf. Incorporating a private limited company results in protection of personal assets, access to more resources, financial assistance. These are closely held business usually by family, friends and relatives.
