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Get Your Private limited (Pvt Ltd) Company registered with us in 10 days.
At Complianto Consulting, our experts are committed to guide you on the right form of Company Incorporation
A private limited company refers to a privately held, legally-recognized business entity that is owned by private stakeholders. The legal terms of this type of company are defined as per Section 2(68) of the Companies Act, 2013.”. The members’ liability in a private limited company is limited to the amount of shares held by them. A private Limited company enjoys a separate legal entity independent from its owners, directors and shareholders.
Investors trust a private limited company and it limits the founder’s liability to the extent of their shareholding, making it advantageous for startups. A private company requires a minimum of two directors.
At Complianto Consulting, our experts are committed to guide you on the right form of Company Incorporation
We will provide you all the necessary documents that are required once a private limited company is registered.
Below are the Benefits that you get in Private Limited Company Incorporation Over Limited Liability Partnership or One Person Company or Partnership firm
Digital Signature Certificate (DSC) is a token issued by the Certified Authorities. A DSC is an eSignature used for filing forms with MCA by the directors, promoters, and shareholders. All the directors and the subscribers to MOA (promoters of the company) need DSC for submitting e-forms for incorporation. Director’s DSC is also used while filing GSTR, ITR, and ROC forms.
Digital Signature Certificate (DSC) is a token issued by the Certified Authorities. A DSC is an eSignature used for filing forms with MCA by the directors, promoters, and shareholders. All the directors and the subscribers to MOA (promoters of the company) need DSC for submitting e-forms for incorporation. Director’s DSC is also used while filing GSTR, ITR, and ROC forms.
Selecting a name for your company is an important decision as it represents your brand and identity. Here are some steps you can follow to choose a name for your company:
Remember, choosing a name is a creative process, and it’s important to take your time and consider multiple options before making a final decision.
Yes, it is mandatory to have a office for registering a company in India. Though government gives 30 days time to file for registered office after registering a company.
A startup which has limited funds can also opt for co-working space or even Virtual Offices to register their company.
Note: It is mandatory for a company to keep their books of accounts at their registered office or any place as informed by them to the registrar of Companies.
To register a private limited company in India, a minimum of two directors are required.
The choice between an OPC and a Private Limited Company depends on various factors, such as the number of members, the structure of ownership, liability protection, and long-term goals. OPC is suitable for single entrepreneurs, while Private Limited Company offers more flexibility and scalability for businesses with multiple founders or investors.
In India, a private limited company has perpetual existence unless it is dissolved or wound up according to the provisions of the Companies Act, 2013.
Perpetual existence means that the company continues to exist even if its shareholders or directors change over time. The company is considered a separate legal entity from its owners, and its existence is not dependent on the life or actions of any individual associated with the company. The death, retirement, or resignation of a director or shareholder does not affect the continuity of the company.
When a private limited company is no longer in operation or is in losses, its shareholders may decide to close it. The process of closing a private limited company in India is relatively simple and can be completed in a few steps.
There is no Minimum Capital required to start a company. Private Limited Company Registration can be done with capital as low as Rs.10. But in general most of the companies are registered with a capital of Rs.1 lakh.
Yes, Non-Resident Indians (NRIs) and foreign nationals can become directors in a private limited company in India. The Companies Act, 2013 allows for the appointment of NRIs and foreign nationals as directors, subject to certain requirements and conditions. Here are some key points to consider:
Every individual who wishes to become a director in a company in India, including NRIs and foreign nationals, must obtain a Director Identification Number (DIN) from the Ministry of Corporate Affairs (MCA).
As per the Companies Act, 2013, every private limited company in India must have at least one director who is a resident of India. A resident director is an individual who has stayed in India for a minimum period of 182 days in the previous calendar year.
NRIs and foreign nationals must provide the necessary documentation, such as a valid passport, address proof, and other identity proofs, as required by the MCA. These documents may need to be notarized or apostilled, depending on the country of origin.