TideEMall | Product Details

Description

Registration of a Private Limited (PVT) company is a formal process that grants the company legal status under the Companies Act. A Private Limited company has limited liability, separate legal existence, and restrictions on the transfer of shares. To register, a company must have a minimum of two directors and shareholders, and it requires documents like the Memorandum of Association (MOA) and Articles of Association (AOA). Once registered, the company can conduct business as a legal entity, enter contracts, and sue or be sued. The "LTD" in the name indicates limited liability, protecting the personal assets of shareholders.