Private Limited Company
Suggested for startups planning for getting Funded
Starting at Rs. 5999/-
Within 10 to 20 days
No Hidden Fees, Quick Turn Around Time
What is it? | Why Needed? | Documents Required | Service Package | FAQs
Private Limited Company Registration
A Private Limited company is a privately held business entity registered under The Companies Act, 2013.Private companies are those companies whose articles of association restrict the transferability of shares and prevent the public at large from subscribing to them.
Private Limited Company is a mostly adopted and easily formable legal structure for businesses of a minimum of two members and a maximum of 200 members (except for One Person Companies). The pvt/ ltd. registration requires registering the directors with Ministry of Corporate Affairs (MCA), registering the name of the company and submitting the company incorporation documents, such as Memorandum of Association and Articles of Association. The best traits of this registration is the flexibility, limited liabilities and the tremendous stability. There are three types of private companies as per their members liabilities they are 1. Limited by shares, 2. Limited by guarantee, 3. Unlimited liability
Legal Brother’s has a team of experts in Pvt. Ltd. registration for pan India locations. You may contact us to get your Pvt. Ltd. registration in Delhi, Mumbai, Bangalore, Kolkata, Kanpur, Bareilly, Lucknow, Kanpur, Ghaziabad, Ludhiana, Faridabad, Meerut, Varanasi, Srinagar, Amritsar, Allahabad, Chandigarh, Bareilly, Moradabad, Gurgaon, Aligarh, Jalandhar or any other cities in India.
Why Needed: Reasons & Benefits
The Features and benefits of a Private Limited Company are:
Easy to transfer ownership
Its only needs share transfers from one owner to other holder for changing the owners of company.
Separate Legal entity
“Members may come, members may go, But the company runs forever”- Very smart explanation.
Easier fund raising
“Banks and other NBFCs easily provide loans to private companies
Smart Tax benefits
Private limited company are levied with 25% as the income tax rate for profits up-to 25 lakhs per annum.
Better Market Goodwill
Since, Indian government takes a close check on all the Pvt. Ltd companies
Documents Required
- PAN Card
Individual PAN card of all directors and shareholders are required for registration.
- Aadhar Card/ Voter Id card
Aadhar card of all directors and shareholders are needed.
- Company address proof
As a address proof, any utility bill like electricity bill or water tax bill and rent agreement with owner (in case property is rented) is required.
- Additional address proof
Any one document out of the Bank statement or updated bank passbook or Utility bill of Directors and shareholders is needed for registration.
- Additional ID proof
Any one document out of the One documents out of a Voter ID or Driving license or Passport is needed of Directors and shareholders.
Our Services Packages
Frequently Asked Question
How many directors may I have to assign for my Private Limited company?
Minimum of two directors and maximum 200 directors are allowed for a private limited company
