Curious About Starting a Private Limited Company in India? Let's Compare It to Proprietorships

Just wanted to find out what the rules and regulations are related to setting up a private limited company in India. I am currently running a proprietorship.

Is it very different from running a proprietorship? What are the advantages and disadvantages associated with having a private limited company?

Regards,
Anand

Hi Anand,

Please contact your local ROC office. They will guide you on the following requirements:

- Trade licence
- Address of the business
- Articles and memorandum
- Names of the directors (minimum 2), etc.

Best regards,
Anupam

You can find more about the advantages and procedure for the registration of a private limited company at [insert specific source or website here]. Hope this helps!