Private Limited Company Registration
Private Limited Companies is the most successful and popular business structure amongst small, medium and large businesses in India. The formation of private limited company require a minimum of two directors on inception and a maximum of two hundred members which offers limited liability or legal protection for its shareholders as well. Start-ups and growing businesses choose private limited company registration as it allows to raise outside funding easily and also enables them to offer employee stock options to attract top talent. Generally, the Registration of Private limited Company in India takes around 15-20 days.
The advantages for private limited company formation includes partnership flexibility, tax advantages, easily funding from banks and VCs, limited liability, higher stability and separate legal entity. In this way, a private limited company is a blend of partnership and widely owned public company.
The documents required for the formation of private limited company are as follows:
2)ID proof- Any one (Aadhar Card / Passport / Driving License / Voter ID )
3)Address Proof- Any one (Telephone/Mobile or Electricity Bill / Bank Statement)
To know more about the formation and registration of private limited companies, you can visit http://www.mca.gov.in
To form a new private limited venture, the following process are required-
1) Get a Director Identification Number(DIN) from ministry of corporate affairs of india
2) The next step is to obtain digital signature certificate
3) Now, an account is required on the mca portal to register your new company online
4) Login to your account and apply for the company to be registered
Note: Please check the availability of your private ltd company name before proceeding further