A company is an association of persons can be created at law as a legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform their duty within the publicly declared “birth certificate” or published policy.Private limited company, the most popular legal structure for businesses, should be chosen by anyone looking to build a scalable business. It is one of the most popular legal structure option for business in India. The directors of private limited company have limited liability to the creditors. In case of default , banks/creditors can only sell company’s assets not their personal assets. It is very important to register a company as a registered company have multiple advantages from easy to register to easy to dissolve.

A private limited company has minimum of two members and a maximum of fifty members.

Start-ups and growing  business choose to register a company in india because it allows outside funding to be raised easily, limits the liabilities and enables them to offer employee stock options to attract top talents. The process for registration of a company is governed by the ministry corporate affairs, companies act 2013 and the companies incorporation rules, 2014.