Private limited company registration in Ahmedabad

To establish a Private Limited Company in Ahmedabad, at least two shareholders are required. However, the number of shareholders cannot exceed fifteen.

The company is treated as an independent legal entity for tax purposes. It pays corporate taxes on its profits, while shareholders are individually taxed on any dividends they receive.

A Private Limited Company in Ahmedabad operates as a separate legal person, capable of owning assets, entering into contracts, and initiating or facing legal proceedings independently of its shareholders.

In a Private Limited Company based in Ahmedabad, shares cannot be transferred to the general public without the consent of existing shareholders. This helps maintain control within a trusted circle.

A Private Limited Company typically involves a select group of individuals, often family members, friends, or specific investors, who hold shares and manage ownership.

Changes in ownership do not affect the company’s existence. It continues to operate even if shareholders leave, resign, or pass away and can only be dissolved through due legal process.

Private Limited Companies have the advantage of raising capital through private means, including contributions from existing shareholders, angel investors, and venture capital firms.

Shareholders enjoy limited liability, meaning they are only responsible for the company’s debts up to the amount they have invested. Their personal assets remain protected, even in the event of financial loss.

The shares of a Private Limited Company are not listed on public stock exchanges and cannot be freely traded. Ownership remains private and controlled.