
1. What is a Private Limited Company?
A private limited company is a type of company structure in India that has a minimum of 2 and a maximum of 200 members. It offers limited liability protection to its shareholders, meaning the personal assets of shareholders are not liable for the debts of the company.
2. Why Register a Private Limited Company?
Registering a private limited company in India has various benefits, such as:
- Limited liability protection for shareholders
- Separation of the company's legal identity from the owners' personal identity
- Greater access to funding and investment opportunities
- Perpetual existence, i.e., the company will continue to exist even if its shareholder's change
- Tax benefits and exemptions
- Brand protection and increased credibility
3. Steps to Register a Private Limited Company
The process of registering a private limited company in India involves the following steps:
Step 1: Obtain a Digital Signature Certificate for the proposed directors
Step 2: Obtain a Director Identification Number (DIN)
Step 3: Choose a unique name for the company and obtain approval from the Registrar of Companies (ROC)
Step 4: Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) of the company
Step 5: Get the company registered with the ROC by submitting the necessary documents and paying the registration fees
Step 6: Obtain a Certificate of Incorporation from the ROC
4. Importance of Hiring a Salahkar for Company Registration
Salahkar's Private limited company registration services in India can offer several advantages to businesses, such as:
- Helping with the name search and approval process to avoid rejection of the company name
- Ensuring that all the necessary documents are in order for a smooth registration process
- Helping with compliance and legal requirements post-registration
- Providing advice on the appropriate structure for the company and its tax liabilities
In conclusion, a Private limited registration company in India can be a complex process, with several legal requirements to fulfill. Engaging the services of a Salahkar can help ensure that the process is smooth and seamless, with the company being set up correctly from the outset.