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Pvt. Ltd. Company is one of the highly widespread business forms in India. Pvt. Ltd. Company has more flexibility to it in which one of the reasons is that it has fewer masters to answer than public. It is incorporated under the Companies Act, 2013. It has many benefits like Limited liability, Better Governing etc. Apart from this it also has moderate tax rates to it than LLP or Partnership Firm.
Register your startup idea as Pvt. Ltd. Company with us and Leave your documentation, filing with ROC, and follow up with ROC and MCA to us. We, Law Samadhan team, are driven by the mission of providing Excellent services with absolute Transparency at an Affordable cost.
the private limited company is considered as legal entity so in any case of winding up, or any person sue the company there is no liability on shareholder or members of the company
The tax rates of pvt. ltd company is on the moderate side
The procedure for selling the shares to public for fund raising is easy to follow
The ownership and membership are easy to transfer or to leave
The company can build and hold assets in its own name
PAN CARD of Directors and Members
Passport If NRI or Foreign National
Aadhar/Driving License/Voter Id of Directors and Members (As identity Proof)
Bank Statement/Electricity or Gas Bill/Telephone or Mobile Bill (As Address Proof)
Passport Size Photograph of Directors and Members
Business Address Proof:
Electricity Bill/Water Bill (Latest)
If Rented: Rent Agreement and NOC from the Property owner
If Owned: Copy of Property Papers
Note : *In case of NRI or Foreign National the documents of Directors and Shareholders must be Notarized or Apostilled.
The process of registering a Pvt. Ltd. company in India typically takes around 15-20 days, provided that all the required documents are in order and the application is complete.
There is a fee for registering a Pvt. Ltd. company in India, which varies depending on the state and the authorized capital of the company. The fee can be paid online through the Ministry of Corporate Affairs (MCA) portal.
Pvt. Ltd. companies are required to file annual returns with the Registrar of Companies (RoC) and the Ministry of Corporate Affairs (MCA) every financial year. Additionally, they need to file financial statements, annual accounts and other returns as specified by the Companies Act.
If a Pvt. Ltd. company fails to file its returns on time, it may be subject to penalties and fines. In addition, the company may also be deemed as "struck off" or "dissolved" by the Registrar of Companies (RoC) if returns are not filed for a continuous period of 2 financial years.
Yes, Pvt. Ltd. companies are allowed to list on stock exchange, but they must comply with the listing regulations and the guidelines of the stock exchange.
Yes, a Pvt. Ltd. company can change its name after registration by filing a special resolution with the Registrar of Companies (RoC) and obtaining the necessary approvals.
Yes, it is mandatory for a Pvt. Ltd. company to appoint a statutory auditor who will conduct an independent audit of the company's financial statements and report to the shareholders and the Registrar of Companies (RoC).