Private Limited Company Registration

Posted by gauri jadhav on May 28th, 2018

What is Private Limited Company?
This type of organization in characterized by the fact that ownership and management is separate. The capital of the Company is provided by a group of people called shareholder who entrust the management of the Company in the hands of persons known as Board of Directors. These are closely held businesses usually by family, friends and relatives. Private companies may issue stock and can have maximum of 200 shareholders. However, their shares do not trade on public exchanges and are not issued through an initial public offering.

What are the documents required for Company Registration?
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What are the Type of Business Entities in India?
The following types of Business entitles are available in India:
Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Partnership
Sole Proprietorship

What are the Advantages / features?
Separate Legal Existence
Limited Liability
Flexibility of Ownership
Separation of Ownership and Management
Tax Planning
Perpetual Succession
Easy Transferability
Borrowing Power

What are the Minimum Requirement of Company Registration?
Minimum 2 Director
Minimum 2 Shareholder
DIN (Director Identification Number for all Director)
DSC (Digital Signature Certificate for one of the Directors)
Minimum Share Capital of Rs. 1,00,000/-
The Director and Shareholder can be same

What is Director Identification Number (DIN)?
It is an unique Identification Number allotted to an individual who is an existing director of a company or intends to be appointed as director of a company pursuant to section 153 & 154 of the Companies Act, 2013. Every individual, intending to be appointed as a director of the company, can file an application for allotment of DIN. Central Government (Office of Regional Director (Northern Region), Ministry of Corporate Affairs) will allot the DIN.

What is Digital Signature Certificate (DSC)?
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally. Physical documents are signed manually, similarly, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.

What is MOA and AOA?
The Memorandum of Association (MOA) states the main and ancillary objects of the proposed company.
The Articles of Association (AOA) contains the rules and procedures for the routine conduct of the proposed company.

What is Authorized Capital?
Authorized capital is the maximum amount of share capital for which a company can issue shares. Authorized capital can be increased by company at any time with shareholders’ approval.

Private Limited Company Registration
Ideal for Startup Entrepreneur
4,999/- + Govt. Fees
Save 30% Cost
Duration : 5 - 8 Days
Brows This @ http://www.corpaidcs.com/start-a-business/private-limited