Register Private limited company
Get the benefit of registration of private limited company with proper diligence of
checking of availability of the company name.
Private Limited Registration
Private limited Company is the most prevalent type of corporate entity in India. It is govern by the Ministry of Corporate Affairs. Private Limited Companies are incorporated and regulated under the Companies Incorporation Rules, 2014 and Companies Act, 2013. Etaxsupport can help you to get the registration of Private Limited Company across India with an affordable price.
To register as a Private Limited Company in India minimum two person act as shareholder and directors are required. Director can only be a Living person with one director should be an Indian citizen or resident and the shareholder can be a natural person or a corporate entity. A person is called resident when he spends over 186 days in India. There is no restriction on foreigners to be a director or shareholder in a private limited company.
Advantages of registering as a private Limited Company
Equity raise: A private company can be raised equity capital from any entity who is interested to become a shareholder.
Limited Liability Protection: The private company provides Limited liability protection to its shareholders which means if an unforeseen liability is created then the company will keep it with itself and will not pass it to the shareholder.
Easy Transferability: The ownership of the company can be easily transferred to the other entity or foreign entity wholly or partially, as its ownership is represented by shares.
Separate Legal Entity: A private company is identify as a separate legal entity which means it has its own PAN, License, Bank Account, Assets and liabilities with its unique name.
Documents Required For company registration
Documents for Directors: Two identity proof documents are required such as PAN, Aadhar, Passport, etc. The directors should submit residence proof that should be less than three months old which includes Bank statements, electricity bills, gas bill, water bill and telephone bill.
Documents for Registered Office: Companies which are located in India must maintain a Registered office in India. In the case of own property, A copy of sale deed with the property tax receipt or water bill of the registered office. In the case of Lease property, A copy of lease deed with a NOC from landlord and property tax receipt or water bill of the registered office.