Private Limited Company Registration
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Overview of Private Limited Company Registration
Incorporation of private limited company is Best form of company registrations. We help you register your Pvt Ltd Company Registration. Are you thinking that registering Company Registration is a tough job ? Not atole, Registering a Pvt Ltd company is very easy and Private Limited company registration services are offered by professionals of OnlineTaxesIndia Now. Thousands of Business Owners registered with us till now.
Private Limited Company registration online is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Company Act, 2013. To register a Pvt Ltd company, a minimum of two shareholders and two directors are required. Registering a Private Limited is very easy with OnlineTaxesIndia – India’s most trusted Company Registration service. It is a registered corporate structure, prerequisites for the incorporation of a private limited company.
A Private Limited Company registration is a small business which is maintained privately, it is one of the highly recommended businesses in India especially for startups. The private limited company registration in India is governed by The Companies Act 2013.
According to the Companies Act, 2013, a minimum of 2 shareholders is needed to begin a private company, while a maximum of 200 members. In case a private limited company undergoes any financial risk, the personal assets of members or shareholders are not subject to sell, i.e. they ought to have limited liability.
There must be a minimum of 2 directors and a maximum of 15 directors are required for online company registration in India. The suggested director must be 18 or crossed 18 years of age. The proposed director of a private limited company in India can also be a foreign national
No minimum paid-up capital investment is required for the registration of the private limited company. And importantly every private limited company must include “pvt.ltd.” after their company name
A company registration online is a never-ending business as it can hold its existence even after the death or bankruptcy or failure of its Members.
This type of company does not have any relationship with the public are not allowed to ask for any validatory from the public or from any of the public sectors. People are not ennobled to transfer shares in a private limited company, as it protects takeovers of private limited companies from big companies.
Advantages of Private Limited Company Registration
Launching a private limited company provides many benefits. Following are some of them:
- The officially registered private limited company enhances the credibility of your business.
- It protects the owners from other risks and losses and helps from personal liability
- Attracts more customers
- Ease in getting bank credits or loans
- Provides limited liability to maintain and develop your company and its assets
- More attractive stability and greater funds supplement
- Increase the potential to develop big and expand
Here are some of the advantages of Private Limited Company Registration Online in India in detail