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Private limited company

ValueTax- Where Your Business Flourish

Ideal For Startups And Medium Size Entities Going For Funding

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Overview

  • Limited Liability– The liability of each member or shareholders is limited.
  • Perpetual succession– The Company keeps on existing in the eyes of law even in the case of death, insolvency, the bankruptcy of any of its members
  • Separate Legal Entity- The Company is separate from its shareholder. The company can be sued but not the shareholder.
  • Fund-Raising- According to Companies act 2013 a privately owned business can pitch offers to people in general or can acknowledge stores from open and can hence fund-raise simpler than different business structure sorts.
  • Taxation- Every Pvt Ltd Company enjoys start-up tax exemption if meets eligibility criteria.

Packages

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Why Choose Private Limited Company?

A Private Limited Company is a company privately held for small businesses and most preferred by start-ups these days. The liability of the members of a Private Limited Company is limited to the number of shares respectively held by them. The life of the company keeps on existing forever as the company has a separate legal entity. A private limited company can easily fulfill the requirements of raising funds and attract less tax. Read More On Our Blog.

Talk to a CA to know more!

Steps Involved

Step 1: Application for DSC (Digital Signature Certificate).

Step 2: Apply for the DIN (Director Identification Number)

Step 3: Application for the name availability.

Step 4: Filing of the E -Moa and E – AOA to register private limited company

Step 5: Apply for the PAN and TAN of the company

Step 6: Issued certificate of incorporation by RoC with PAN and TAN

Required Documents for Private Limited Company Registration

In regard to the Private Limited Company registration, following documents are needed:

PAN Card

Director's Address Proof.

Two photos of each directors

Photograph.

Business Address Proof

NOC From Owner

Rent agreement

COMPARISON
Type Ideal For Minimum No. Of Members Tax Statutory Compliance Time Taken
Private Limited Company Startup and Small Entities 2 Directors 25 High 2 Weeks
Limited Liability Partnership Professionals 2 partners 30 Moderate 2 Weeks
Partnership Firm 2 Partners 2 Partners 30 Low 2 Weeks
One Person Company Sole Promoter 1 Director 30 High 2 Weeks
Sole Proprietorship Individual Individual 10-30 Low 1 Week