How to Start Private Limited Company (Pvt. Ltd.)
What Is a Private Limited Company?
A private limited company is a privately held business entity held by private stakeholders. The liability arrangement, in this case, is that of a limited partnership, wherein the liability of a shareholder extends only up to the number of shares held by them. Private limited company definition as per Section 2 (68) of the Companies Act, 2013 is A Company having a minimum paid-up share capital as may be prescribed and which, by its articles
Advantages
Limited liability to shareholders
Raise capital by issuing shares
Save tax on R&D expenses, depreciation, and other business expenses
Disadvantages
High setup cost
Complex compliance requirements
Limited shareholder control
