Famous Private Limited For Annual Filing In Chennai
Famous Private Limited For Annual Filing In Chennai Private Limited Company is a legally incorporated company. It is regulated by the Ministry of Corporate Affairs. The company can have up to 200 shareholders. However, a minimum of two members are required. The first board meeting of a Private Limited Company should take place within 30 days of incorporation. A company must also hold four board meetings a year. If the company does not meet this requirement, it can be subject to a fine of up to INR 500,000. One of the most important aspects of a Private LimitedCompany is the ability to attract outside funding. Investors have better faith in a company that is incorporated and has a good track record. There are other factors to consider as well. The government of India has introduced several financial packages for small and medium-scale enterprises. These include the 'Make In India' and 'Self-Reliant India' schemes. Both help boost existing prog...