how to register a private limited company in india
TRANSCRIPT
Private Limited Company In India
How to register a
A private limited company is defined as a voluntary association of not less than two (2) and not more than fifty (50) members that become corporate entities to be a shareholder. The transfer of shares is limited to its members and they are not allowed to invite the general public to subscribe to its shares.
Company formation services include registration of company, Company audits, ROC compliance and any other professional services or accounting solutions required by any company in India.
Main documents required to register a Private Limited Company
Certificate of Incorporation
Main documents required to register a Private Limited Company
Certificate of Incorporation
Memorandum of Association
Main documents required to register a Private Limited Company
Article of Association
Memorandum of Association
Certificate of Incorporation
Requirements
•Minimum Capital of Rs. 1, 00,000
•Minimum two Directors
•Address Proof of each Director
•Office Address Proof
Packages
Basic Package
Standard Package
Premium Package
High Borrowing Capacity: In compare to other forms, more preference given to private limited company in giving loan.
Separate legal Entity: A private limited company is a legal entity established. Therefore a company has legal capacity and can own property.
Creates Trust: Trust plays an important role in any business to grow. Forms as compared to companies are not most of the time trusted.
Advantages
Private Investments: When any business idea comes, it needs fund to grow. Private Limited Company is the best option to do this.
Uninterrupted Existence: A company has continued or uninterrupted existence until it is legally disestablish.
Easy Transferability: In a private limited company, a shareholder can easily transfer its shares. Shares of a company are transferable by a shareholder to any other person.
Advantages
Contact
Webtech LearningTM - Web Education AcademySCO 177, 2nd Floor, Sector 37-C, Chandigarh, INDIA Mobile: +91 9915 337 448 Website: www.legalzon.in