Private limited company is a popular business structure. Corporate customers, vendors and government agencies prefer to deal with a Pvt. Ltd. rather than a proprietorship.
A Pvt. Ltd. enjoys wider options through bank loans, angel investors and VCs compared with LLPs and OPCs.
Yes — relatively less documentation than converting other structures.
Keyword (brand) + activity word + business type (Pvt. Ltd.). It should not match existing companies or trademarks.
No. PF and GST apply after crossing the same threshold limits that apply to other business types.
