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Contact SupplierA business entity registered with the Ministry of Corporate Affairs under companies act. It is the most popular business structure in India as it has many advantages and easy to operate. It is the best option to start the business as the owner and directors of the company have limited liability, and they are not personally liable to any debt and losses owned by the company as the company and management of the company are different from each other. Any business activity can start under the private limited company format, but it should be a legal activity. As per new rules of registration, it gets effortless to register the company by following the simple registration process.