PRIVATE LIMITED

Pricing

RS 6999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

BASIC

RS 9999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

STANDERED

RS 14999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

PREMIUM

ABOUT PRIVATE LIMITED COMPANY

Private limited company governed in India by Companies Act 2013, under section 2(68). A private limited company is an individual legal entity which is separate from that of its officers. A limited company has its own assets and liabilities, profits and losses. The liabilities are limited to the Company. In other words, the officers are protected from financial liability.

 

The private Limited company is one of the most common types of a company in India, requires a minimum of two directors, two members, and two shareholders to register itself legally. The director of a private limited company plays an important role in the working of the company. A maximum of fifteen directors is allowed in a company as per the Companies Act, 2013 laid out by Ministry Of Corporate Affairs (MCA).

LIMITED LIABILITY

One advantage of owning a private limited company is that the financial liability of shareholders is limited to their shares. Therefore, if a private limited company was in financial trouble and had to close, shareholders would not risk losing their personal assets. Although, perpetrating a fraud related to the private limited company would negate an owner’s limited liability protection.

PERPETUAL SUCCESSION

An incorporated company has Continued Existence. Continued Existence means the company shall continue to exist even if the member dies or ceases, etc. Changes within the management does not bring any affect onto the identity of the company, the Company will remain the same with same privileges, immunities, estates and possessions. The Company shall continue to exist till its wound up in accordance with the provisions of the relevant law.

TAXATION

As everyone wants to minimize his tax burden thus company as per the income tax act 1961 has another main benefit of incorporation towards taxation. Companies are often taxed at a lower rate and are provided with better taxable benefits as compared to other forms of business organization.

RAISING MONEY

Raising money as a small business and a sole proprietorship or partnership can be difficult. But as per Companies act 2013 a company can sell shares to the public or can accept deposits from public and can therefore raise money easier than other business structure types. The modes of financing business carried on by company are numerous. Moreover, since the companies are governed by particular law and have to comply with stringent disclosure norms, therefore they enjoy good credit worthiness with various financial institutions.

 

EASY TRANSFERABLE OWNERSHIP

The shares and other interest of any member in the Company shall tend to be a movable property and can be transferable in the manner so provided by the Articles of such company. Therefore, it is easier to subscribe or leave the membership of the Company. Also it is easier to transfer the ownership.

SEPARATE PROPERTY

A Company as a legal entity is capable of owning its funds and other properties. The Company is the real person in whose hands all the property is vested and such company has the sole right to control, manage and dispose off the property so vested in the hands of the company. The property of Company is not the property of its shareholders.

SELLING THE BUSINESS

It is easy to sell business for a company than any other business form. As business Corporation value will be based on the business, not the owner, therefore making it easy to sell the Company.

BETTER GOVERNED

Companies are governed by The Companies Act, 2013 and have to follow various other regulatory procedures during the course of its governance, moreover they have to comply with the stringent disclosure norms so imposed by the authority, which let to better governed organizations and creation of value for owners.

CAPACITY TO SUE

As a juristic legal person, a Company can sue in its name and be sued by others.

MINIMUM REQUIREMENTS

DOCUMENTS REQUIRED FOR REGISTRATION

REGISTERED OFFICE PROOF

Process

Name Approval Application

DSC (Digital Signature)

Apply For DIN (Director Identification Number)

FORM SPICE (INC-32) MOA (INC-33), AOA (INC-34), AGILE

Certificate Of Incorporation

PAN and TAN application

Commencement of Business (INC-20A)