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What is the minimum turnover of Pvt Ltd Company? This is the smallest amount of money the government needs to ensure the firm is operational. Divide the company’s yearly income by the number of days it was open to find out.
There is no predetermined minimum amount of money that a Pvt Ltd Company must make in India.
Why a Private Limited Company?
When they want to make a big splash, many firms choose to form a private limited company. Private limited firms are the main type of business for most companies in India. It’s kind of like a mix between a partnership and a limited liability business.
The company’s executives and stockholders will have a greater impact on its future in this manner. Owners of the company’s stock get dividends according to the business’s profits.