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Rules for Choosing & Searching for Private Limited Company

To choose and find a private limited corporation, follow certain important guidelines. It is essential to understand the private limited company registration process, especially in India. For a simple and legally compliant online company registration process, work with professional private limited company registration advisors.<br><br>Get more info: https://www.jrcompliance.com/pvt-ltd-registration-india

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Rules for Choosing & Searching for Private Limited Company

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  1. Private Limited C o m p a n y R e g i s t r a t i o n www.jrcompliance.com

  2. What is a Private Limited Company? As defined by Section 2 (68) of the Companies Act 2013, a private company is a company whose Article of Association (AoA) prevents the transfer of its shares, along with this, it also prevents a large number of the public from subscribing to the same. In simple words, a private limited company is a business entity with private ownership. It is usually owned by non- governmental organizations or relatively small shareholders or members of a company. www.jrcompliance.com

  3. Who governs the private limited company in India? The incorporation of the Pvt Ltd Company Registration in India is governed by the Companies Act, 2013. Before moving forward, let's discuss the basic difference between different companies to establish a clear understanding - Visit our page to learn about Public Limited Company Registration. www.jrcompliance.com

  4. Benefits of Private Limited Company 1. Limited Liability One of the major benefits of the private limited company is limited liability. During financial distress, limited liability ensures that the members do not have to pay more than the nominal value of the share held by the member. For instance, in case the company is not able to pay off the loan, the members of the company will only be liable to pay the amount they own towards their shareholding. Thus, apart from this, a member is not liable to pay the unpaid amount of the loan. 2. No Minimum Capital Required For an online company registration, you do not require minimum capital. This means that you can commence the company with the mere amount of Rs. 1 lakh as a total Authorized Share of Capital. 3. Separate Legal Entity A separate legal entity means that the liability and assets of the directors of the company are not the same as the assets and liabilities of the company. Hence, a separate legal entity separates the management from the ownership. 4. Perpetual Succession Perpetual succession means the uninterrupted existence of the company. That means the company won’t be affected by death, bankruptcy, departure, etc of any member. For instance, if out of 200 members of the private limited company, one member dies or leaves the company, an online company registration will exist uninterruptedly. 5. Builds Credibility As the details of the private limited company are public, which builds the authenticity of the company. Credibility allows the customers to trust the company. 6. Helps in Equity Raising A private limited company has the authority to allow the promoters to raise the equity funds from the Stock Exchange, Private Equity Firms, so on and forth. www.jrcompliance.com

  5. Types of Private Limited Company 1. Company Limited by Shares Under this, as mentioned by the Memorandum of Association (MoA) the liability is limited to a nominal amount of share only. Hence, as a shareholder, you Overview don’t have to pay more than the capital invested in the company. 2. Company Limited by Guarantee 3. Unlimited Companies www.jrcompliance.com

  6. Features of a Private Limited Company Minimum 2 members are required and it could extend up to 200. Earlier to incorporate an online company registration minimum paid-up of Rs. 1 lakh was required, however, it is abolished now. The private company should have, “Private Company” or “Pvt. Ltd.” at the end of the name. Like a public limited company, you can transfer the shares freely in a private limited company. Lars Peeters Management | 2025 www.jrcompliance.com

  7. Requirement of Pvt Ltd Registration India To form a private limited company, you require a minimum of 2 shareholders and 2 directors. The directors and shareholders of a private limited company can be the same people. At least one director of the company must be a resident of India. There is no obligation for the required minimum capital. For 2 promoters, you need a Digital Signature Certificate (DSC) along with the witness. For each director, you require Director Identification Number. www.jrcompliance.com

  8. Our Role in Pvt Ltd Registration India Our online company registration consultants will provide you professional assistance throughout the process of pvt ltd registration India. We will assist you in the process of documentation to ensure the availability of the required documents. Our expert and experienced team will help you in filling the application form. Our consultants will provide you bank account opening support. We provide you with a DSC and DIN number that is the essential requirement for private company registration. In case of any query, we will provide you the finest solution. www.jrcompliance.com

  9. Thank You For Your Attention 1800-121-410-410 www.jrcompliance.com

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