Private Limited Company
Private Limited company is the most accepted and popular form of Business registration. The formation of this type of registration requires minimum 2 Directors and can take up to 50 Directors. Private Limited company formation attracts investment, good talent, brand building, trust and ease of doing international business. This can prove a big thrust to business in terms of growth and power. One of the major benefits is limited liability means peace of mind during business as the Directors personal assets are secured, in case of any repayment defaulter the company would be liable to pay off the debts rather then the Directors being held responsible. Private Limited company is known as a separate legal entity. Other benefits include easy borrowing, perpetual existence, owning of property, easy transferability, attracts good talent etc. ENVIZI provides you the best services in India for Private Limited registration, OPC registration, LLP registration, PLC registration, Trademark registration, Logo registration, Copyright registration, ISO certifications etc.
Advantages of Private Limited Registration
The greatest benefit of private limited companies is limited liability. If anything happens to the company, its members are not personally affected; members are only liable for unpaid shares. Personal Assets are secured.
The feature of perpetual succession gives you the freedom to easily add or remove members in the company. There won’t be any harm to the company’s existence.
A company can borrow funds through bank loans, Investors, Venture capital, Brand Funding and various wide options available for the company format
The private limited company has a separate legal entity, It is like a separate individual apart from the Stakeholders. Private Limited company creates a brand value in the market and people see it as a company, not as a proprietorship/partnership firm. Other benefits include a larger scope of business, good employees, ease of business with MNCs.
Due to any reason if the company does not want to be run by existing stakeholders, one can transfer the rights and authorities to other or new Directors and Shareholders easily and without much hassles. Everything can be transferred or changed, the name of company, directors, shareholders, business Activity, registered office address. Or even the company can be sold off easily.
Along with being the Directors and Shareholders, they can have a dual relationship with the company they can be suppliers, lenders, client, employee etc.
Private Limited can be formed with minimum RS 100000 authorized capital and that too does not have to be deposited physically in the current bank account of the new company. It has to be informed to ROC only
Private Limited company has to do some manageable annual ROC compliances like Quarterly board meeting, Annual general meeting, Appointment of the auditor, ROC filling etc.
Envizi manages your Annual ROC compliances under its annual maintenance contract (AMC) services at a very minimum cost of Rs 750 per month or Rs 9000 annually
- PAN Card
- Identity proof
- Address proof
- Office Address Proof
- Example: Voting Card, Driving Licence, Passport
- Example: Passbook, Utility bills
- Minimum 2 Shareholders
- Minimum 2 Directors
- The directors and shareholders can be the same person
- DIN (Director Identification Number) for all the Directors
- DSC (Digital Signature Certificate) for all Directors
What You Get
- Director Identification No (DIN)
- Digital Signature (DSC)
- Name Approval Certificate
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Certificate of Incorporation
- Company PAN
- Current Bank Account Opening Assistance
- GST Registration
Steps For Private Limited Company Registration
Provide Basic Documents of Directors
Apply for DSC (Digital Signature)
Envizi will prepare Legal Documents
Envizi will file documents with ROC
MOA / AOA
Get Certificate of Incorporation