Private Limited Company
Private limited company is the most popular corporate entity amongst small, medium and large businesses in India due to various advantages. RandL offers company registration from Rs.3,500/
Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.
Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium sized businesses that are family owned or professionally managed.Legalguidance is the market leader for services relating to company registration in India.
SIMPLE & TRANSPARENT PRICING
- 3 Class 2 Digital Signatures 1
- 1 RUN Name Approval 2
- Upto 10 Lakhs Authorized Capital 3
- ICICI Bank Current Account
- Stamp Duty 4
- Incorporation Certificate
- Incorporation Kit
- Incorporation Fee
- Stamp Duty 4
Checklist for Registering a Company in India
According to the law in the Company Act, 2003 in order for any company to be registered in India, the below conditions have to be met.
A private limited company must have at least two directors and at most, there can be 15. Of the directors in the business, at least one must be a resident of India.
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.
Minimum Capital Contribution:
There is no minimum capital amount for a company. A company should have an authorized capital of at least Rs. 1 lakh.