Private Limited Company Registration in India

What is a Private Limited Company?

A private limited company in India is governed under the Ministry of corporate affairs (MCA). With the establishment of the tagline “Ease of doing business”, Private Limited Company is the simplest and a very popular form of Business registration in India. Private Company is formed with limited liability for its shareholders but restricts the ownership of the Company. It can be registered with minimum two people and preferably it is the most recommended type of business entity for millions of small and medium-sized businesses that are family owned or professionally managed.

What are the advantages of a Private Limited Company?

• Separate Legal Entity

The company has a “perpetual succession” until legally dissolved. This implies that the company has an independent existence irrespective of death, insolvency or bankruptcy of any of its members.

• Limited Liability

The liability of the shareholder is limited to his amount of his share in the company. This implies that in case of any unfortunate event only the company’s property can be attached to clear the dues. The personal property of the member will remain untouched.

• No Minimum Capital

There is no minimum capital amount for a company. A company should have an authorized capital of at least ₹ 1 lakh.

• Ease of Raising Fund from Investors

Investors invest only in private limited companies through its equity structure.

• High Credibility & Better Governance of the Company

Private Limited Company has to adhere to various compliances and stringent procedures laid by the Companies Act 2013. As a part of this the company is required to share information about the structures, operations and financials available to the Registrar of Companies. The availability of information in the public domain adds to the credibility of the company.

Deliverables :

The registration process work will be carried out under the supervision of a Chartered Accountant.

• Registration of Private Limited
• Share Certificates

Digital Signatures are available for ₹ 1000 per person.