Private Limited company Registration
What is Private limited company?
Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum of two members and a maximum of fifty members. The directors of a private limited company have limited liability to creditors. In a case of default, banks/creditors can only sell company’s assets but not personal assets of directors. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority. It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.
Start-ups and growing companies prefer private limited company as it allows outside funding to be raised easily, limits the liabilities of its shareholders and enables them to offer employee stock options to pull in top talent. Private Limited Company Registration can be done through Legalraasta(company registration agent) in Delhi NCR, Mumbai, Bengaluru, Chennai and other Indian cities. If you want to register your own company then you can totally rely legalraasta(company registration services provider). We will help you with company formation procedure and new company formations procedure. All the company registration information will be given to you by our experts.
Private Limited Company Benefits
It is flexible and has limited liability.
Greater capital contribution and greater stability.
Possibility to grow big and expand.
Documents Required For Company Registration
Copy of PAN Card of directors
Passport size photograph of directors
Copy of Aadhaar Card/ Voter identity card of directors
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers(If owned property)
Landlord NOC (Format will be provided)
Advantages of Private Limited Company
- Preferred by banks, VCs & investors.
- Easy to allocate and redistribute shares to investors or other directors.
- The separate legal entity which limits your liability.
- Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.
- Easy to register, manage & run.
- Easy to dissolve or wind-up.
Minimum Requirements For Company Registration
- Minimum 2 Share Holders
- Minimum 2 Director Required
- Minimum 1 Lakh Share Capital
- DIN For all the Director
- At least One Director should be Indian Resident