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A Private Limited Company (Pvt Ltd) is a popular business organization in India, renowned for its flexibility, limited liability, and ease of ownership transfer. Governed by the Companies Act, 2013, it is ideal for startups and businesses with growth ambitions. Key features include limited liability protection for shareholders, a separate legal entity status, perpetual succession, and ease of ownership transfer. It also attracts investments and offers tax benefits. With requirements like a minimum of two directors and shareholders, a registered office address, and no minimum capital, it’s an attractive option for entrepreneurs and investors.
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