If you want to start any established and registered business with a minimum of two members, a Private Limited Company is the best suitable Option for your Organization. To register a Private Limited Company, Minimum 2 person is required who will act as a member and director of the company.
It is a company closely held for small businesses. This type of business entity limits owner liability to their shareholdings,the number of shareholders to 200 and restricts shareholders from publicty trading shares.