Private Limited Company
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ABOUT PRIVATE LIMITED COMPANY
Under Section 2(68) of the Companies Act, 2013, a private company is defined as a privately held business entity whose Articles of Association must specifically restrict the right to transfer its shares, limit its total membership to 200 (excluding current and former employees who hold shares), and strictly prohibit any invitation to the public to subscribe to its securities. Furthermore, the Companies (Amendment) Act, 2015 removed the prior requirement for a minimum paid-up share capital, and such companies must operate with at least two directors and two members (unless registered as a One Person Company) while using the suffix "Private Limited" in their registered name
BENEFIT OF PRIVATE LIMITED COMPANIES
-Limited Liability
-Separate Legal Entity
-Perpetual Succession
-Easier fund raising
-Easier share transfer
-Minimum 2 members
-Tax Benefit
-Right to own the property
-Better Governance
-Capacity to sue
-FDI/ODI
RESTRICTION ON PRIVATE LIMITED COMPANY
-Limitation on number of members
-Prohibition towards Public Subscription
COMPLIANCE REQUIREMENT FOR PRIVATE LIMITED COMPANY
-Board Meeting- 4 Nos in Every Year and Maximum Gap between two Board Meeting shall not exceed 120 days
-Annual General Meeting required to be conducted every year and maximum time gap should be 15 months
-Minutes of every meeting to be recorded
-Directors Disclosure
-Appointment of Statutory Auditor with in 30days of incorporation.
DOCUMENTS REQUIRED FOR INCORPORATION OF COMPANIES
-Unique name of Proposed Company
-KYC of Proposed directors (PAN/Adhar/Mobile Number/Email ID)
-Passport Size Photograph of Proposed Directors
-DIN of proposed director, if already having DIN
-Digital Signature (DSC) class-3 of proposed directors
-Registered Office of Proposed company
-Address Proof of registered office of Company along with latest supporting documents
-No objection Certificate
-Object of Proposed Company
PATHWAYS FOR INCORPORATION OF COMPANIES
- Sign up on the portal
- Select the services –Incorporation of Private Limited Company
- Make the payment
- Within 24 hrs of payment, out team will contact through email, whatsup, and call
- After understanding your requirement, our team will share checklist for documentation
- Within 72 hrs of submission of all required documents, Our team will file incorporation form to ROC
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Affordable & Transparent Pricing, Tailored to Your Growth — covering everything from Incorporation to Year-round Compliance
B-Basic
₹3999 ₹2999
What's Included
- Reserve Company name at MCA
- Expert advice on incorporation
- Filing of incorporation documents at MCA
- MCA Processing
- Company CIN, PAN, TAN
- Memorandum of Association
- Articles of Associations
- DIN for 2 directors
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B-Silver
₹7999 ₹6999
What's Included
- Reserve Company name at MCA
- Expert advice on incorporation
- Filing of incorporation documents at MCA
- MCA Processing
- Company CIN, PAN, TAN
- Memorandum of Association
- Articles of Associations
- DIN for 2 directors
- ESIC & PF Registration
- GST Registration
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