Online Registration of Private Limited (Private Limited) Company in India, ✔Certificate of Incorporation of Private Limited Company, ✔Benefits of Pvt Ltd Company Registration, ✔Types of Private Limited Company
A private limited company is a business entity that provides limited owner liability. It is suitable for a small number of shareholders and allows up to 200 members along with flexibility in shares and shareholding.
One of the most recommended ways to start a business in India is to set up a private limited company, which provides limited liability to its shareholders while imposing certain ownership restrictions. When it is an LLP, the partners will manage it. On the other hand, a private limited company registration allows directors and shareholders to form separate entities.
As your trusted legal advisor, Legalcy Pvt. Ltd. provides a cost-effective service to register your company in India. We handle all the legal processes and ensure compliance with the rules laid down by the Ministry of Corporate Affairs (MCA). Upon successful completion of the Private Limited Company Registration process, we provide you with a Certificate of Incorporation (COI), as well as PAN and TAN documents. With these in hand, you can easily set up a current bank account and begin your business operations.
Once a company is registered, it must undertake several responsibilities. These include filing taxes, submitting annual reports, maintaining precise accounting records, and complying with both employment and safety standards.
The cost of private limited company registration in India can vary depending on various factors, such as the authorized capital of the company and the professional fees charged by the consultants or chartered accountants involved in the company registration process. It is prescribed to counsel an expert to get a precise gauge of the expenses in question.
Yes, you can register a company in India yourself by following the prescribed procedures and guidelines provided by the Ministry of Corporate Affairs (MCA). However, the company registration process can be complex and time-consuming, so it is recommended to seek professional help or consult a chartered accountant to ensure accurate and efficient registration. ‘Talk to CA’ today
To understand the eligibility for Private Limited Company Registration, one should know that any individual or group of individuals including foreigners can be eligible to form a Private Limited Company in India. However, certain criteria are required to be met, such as having at least two directors and two shareholders. Shareholders can be individuals or corporate entities.