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Private Limited Company
A private limited company, is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded. A company becomes an independent legal structure when it incorporates.
A private limited company is managed by directors or board of directors of company who can be different from the shareholder of the company.
EAdvisors is leading and most trusted brand to register private limited company in India, that too with in 14 days from handover of all documents to EAdvisors Company Registration Expert Team.
Why you should choose Company registration (Benefits)?
A private limited company can raise capital fund easily from venture capital and more stability.
A company has ‘perpetual succession’, that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death.
To sue means to institute legal proceedings against or to bring a suit in a court of law. Just as one person can bring a legal action in his/her own name against another in that person’s name.
Limited Liability (Members of the company are not personally affected in case of a dispute). Additional benefits include Easy fund raising, Expansion, Tax Advantages, Dual Relationship with the parties, etc.
Documents Required for Private Limited Company Registration
- Election Card or Voter Identity Card.
- Ration Card.
- Driving License.
- Electricity Bill.
- Telephone Bill.
- Aadhaar Card.
Buy EAdvisors Private Limited Company Registration plan
Session with EAdvisors Expert on registration of Private Limited Company for detail discussion on nature of business entity, activity and other requirements.
Submit all the documents required for Private Limited Company Registration, Preparation and submission of application for Private Limited Company Registration with department.
Issuance of Private Limited Company Registration certificate by Email.
We work round-the-clock to ensure the taxpayer’s problem is resolved. Check out the price table below
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Incorporation Kit, Share Certificates
Udyog Aadhaar & Trademark Registration
Checklist of Private Limited Company Registration
Private Limited Company must have 2 Director, maximum 15. Out of them atleast 1 director should be resident of India.
Private Limited company do not required any minimum capital but it should have at least INR 1 Lakh of authorised capital.
The name of your company must be unique and should not match with the existing name or trademark registered in India.
Company should required registered office address, which can be home address or rented property along with NOC from landlord.
EAdvisors provides you facility of get private limited registration from your home. You can provide all the document through email or whatsapp to our Company Registration Expert Team. EAdvisors can register your private limited company registration with in 14 working days.
EAdvisors Company Registration package includes:
- DIN (Director Identification Number) for two Director
- DSC (Digital Signature Certificate) for two Directors
- Drafting of MoA (Memorandum of Association)
- Drafting of AoA (Article of Association)
- Registration fees and stamp duty
- Company Incorporation Certificate
- Company PAN
- Company TAN
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What is Private Limited Company ?
A type of company that offers limited liability, or legal protection for its shareholders but that places certain restrictions on its ownership. These restrictions are defined in the company’s by laws or regulations (Legally known as Articles of Association) and are meant to prevent any hostile takeover attempt. A Private Limited Company by definition restricts the number of members (maximum 200), though only 2 persons are the minimum requirement to start a Private Limited Company. A company is considered as a separate legal entity having perpetual succession, with liability of shareholders limited to the capital being contributed by them. Hence, a shareholder is not personally liable for the debts of the company.FAQ on Private Limited Company
For small businesses, what are the benefits of Private limited company ?
It provides credit ability to business in the eyes of financial institutions, suppliers and potential clients. As it makes easier for companies to get loans at favorable terms from banks or convincing potential clients while entering into deals.
How to form a Private Limited Company ?
- Any two or more members/ Persons can form a Private Limited Company.
- A minimum of two individual shall act as directors of the company. The shareholders (initial members/promoters) can themselves choose to become director. It is practically seen that generally shareholders are also directors of the same private limited company.
- Filing of required documents (Director Identification number, Application for name approval, Incorporation documents such as MOA/AOA/, registered address) with the Registrar of Companies.
- Minimum capital of Rs. one lakh (it can be used for business whenever required and does not necessarily have to be kept in bank/company deposit all the time).
Is there any qualification to become a director or shareholder in a Private Limited Company ?
Any individual can become a shareholder in a private limited company. For becoming a director in a company, no professional or educational qualification is required.
What address to be given as registered office of the company ?
A registered office is required to hold Annual general meetings, for keeping records and receiving correspondence from all the statutory/government authorities. The registered office does not have to be necessarily owned by the company, it can be on rented premises also. The registered office of the company determines its jurisdiction for registration, for instance, a company with registered office in Delhi will come under the jurisdiction of Registrar of Companies, Delhi.
Is it allowed to change registered office of the company after registration ?
Yes, A company can change its registered office any time after following specified procedure. The changed address can be situated within the same state or in a different state from the state in which it was originally registered.
Is Private Limited Company structure suitable for my business ?
As said before, the biggest advantage of starting a business with Private Limited Company form of organization is the outlook by all outside parties towards the business. A private limited company is perceived to be more trustworthy compared to other business structures. Though the decision of whether to set up the business as a private limited company or not, rests upon you, but it is advised that the entrepreneur closely evaluate all the merits and demerits . In businesses which are in expansion mode or trustworthiness is an important part of business transactions, Private Limited Company form of structure can prove to be a good option.
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