About Private Limited Registration

A Private Limited Company is a company in which small business are privately held their business entity.  A Private Limited Company is most famous and recommended ways to create a business in India. The responsibility of the member in the private limited company is limited through number of shares held by that member. A Private Limited Company is registered under Companies Act, 2013. There should be minimum two shareholders are required to start a private limited company in India and the upper limit of shareholders cannot be more than 200 in a Private Limited Company. If a Private Limited Company has to faces financial risk in future then company pays its liability through its assets rather than directors’ personal assets. Directors are not liable for paying liability. In Private Limited Company it is compulsory to add “Private Limited” word with the name of company.

Private Limited Registration Benefits

• Separate Legal Entity: A private limited company has a separate legal identity in a court of law, which means that the assets and liabilities of the business are not the same as the assets and liabilities of the directors. Both are counted separately. A Private Limited Company separates the management and ownership and thus, the managers are responsible for the success of the company and are also accountable for the losses of the company.
• Limited Liability: The best benefits of private limited company is that the shareholders have limited liability. Its means that the shareholders assets are secured, if the company goes bankrupt the shareholders are only responsible for the amount of shares that he have financed in a company.
• Expending Internationally: In case a business want to develop products on global scale and objective to enlarge its operation all over the world, then it is important to get investments and form connection with foreign establishments. One advantage of private limited here is that they along FDI up to 100% through the automatic route, which means there is no necessity of any government approval for foreign companies in India.
• Long and Continuity of Existence: Private Limited Companies are not affected by the status of their own when it’s come to their presences. Death or inability of the shareholder does not put back the proceedings of the company.
• Scope of Multiple Opportunity: Successful entrepreneurs are always on the lookout for opportunity wherever possible and indifferent industries or sectors. Often, there are eager to grab the chances and test waters. Private Limited companies have the scope of take advantage of the chances raise the business grow extra while sol proprietorship and partnerships cannot occupy has they are tied to the promoters.
• Valuable Image in Market: Private Limited Company is mostly preferred by entrepreneurs. After registration of company we can easily involve in market as a professional business which is important to attract new customers/investors due to which the company’s value is created in the market and it also gets a chance to grow as soon as possible.

Documents Required for Company Registration:

The paperwork is done by us that is needed to complete Private Limited Registration for your company; Private Limited Registration documents are listed below.

1. Pan Card of Director
2. Aadhaar Card of Director
3. Passport size photo of director
4. Voter id or passport or DL
5. Last 2-month bank statement
6. Registered Office premises proof: Electricity bill and NOC
7. Email id & Mobile no. of Director
8. Business Name
9. Business Activities Details

What are the minimum requirement for company registration in India?

• Minimum 2 Directors are required
• At least 1 Director should be an Indian citizen in an Indian Private Limited Company
• For Company Registration unique name should required the most
• Minimum Rs 1 Lakh capital contribution should required
• The company must have business address.

Process to Register a Private Limited Company in India

Step 1: Choose a Unique Name of the Company.
Step 2: Arrange all necessary documents.
Step 3: Free Consult with our Professionals
Step 4: Share all required documents with us.
Step 5: Our professionals will prepare the documents to submit the application.
Step 6: Wait for 3 to 4 days for approval.
Step 7: After approval you will get incorporation certificate and other documents.