Private Limited Company

Private Limited Company

About Private Limited  Company

 In India, a private limited company is a privately held entity with limited liability, and it ranks among the nation’s most favored business structures. This popularity is primarily attributed to its numerous advantages, including limited liability protection, ease of formation and maintenance, and its status as a distinct legal entity. A private limited company enjoys legal separation from its owners and necessitates a minimum of two members and two directors for its operation. Here are the key characteristics of a private limited company in India.

 

At Comfile,  we offer a cost-effective service to facilitate the seamless registration of your company in India. We handle all legal formalities, ensuring strict compliance with the Ministry of Corporate Affairs (MCA) regulations

 

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Private Limited Company Registration in India

The private limited company is the most successful business type in India. The business owners hold all shares of the company privately. Shareholders may operate the business themselves, or hire directors to manage the company on their behalf. Forming a private limited company results in protection of personal assets, access to more resources, financial assistance and greater tax cuts.
Private limited Company Registration usually takes 05-10 days.

A Private Limited Company is a blend of corporate form of business structure and partnership. The most attractive feature of a Private Limited Company is the Limited Liability of its members. It has the flexibility of a partnership firm and the advantages of a Company such as greater stability, better creditworthiness and separate legal entity. Private Limited Companies are an ideal way of starting and structuring startups with a higher scope of expansion as compared to partnerships as it is easy to raise capital from financial institutions due to its higher stability and reliability.

Advantages of a Private Limited Company

Legal Entity
A company is a legal entity and a juristic person. It has wide legal capacity and can own property.
Limited Liability
The Directors or Shareholders of the company have no personal liabilities.
Easy Funding
Banks and VCs prefer to render large financial assistance to a company.
Business Continuity
Private limited companies enjoy perpetual succession because the company is its own legal entity.
Tax Advantages
A company opens the door to more tax-deductible costs and allowances redeemable against profits.
Easy Transferability
Shares of a Company are easily and freely transferable.
Dual Relationship
A person can at the same time be a shareholder, director, creditor and employee of the company.
Capacity to sue and be sued
A company in India being an independent legal entity can sue and also be sued in its own name.

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Rs. 16398/-

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    MSME
    TRADEMARK FILING
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Rs. 9599/-

BASICS

  • 2 Class 3 Digital Signatures
    Director Identification Numbers
    RUN Name Approval Upto 10 Lakhs Authorized Capital Incorporation Fee Stamp Duty Incorporation Certificate
    GST Registration
    ESI & PF Registration PAN & TAN
    Share Certificate
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Rs. 22488/-

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    12 MONTH GST RETURN
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Documents required for Private Limited Company Registration..

For Directors/Shareholders

  •  One Photograph
  •  Copy of PAN Card
  •  Copy of Address proof – Aadhaar Card/Driving License/Passport/Voter ID
  •  Copy of Bank Statement/Mobile Phone/Landline Telephone Bill
  •  Copy of Votter Id Card/Driving Licence

For Company Address

  •  Proof of Registered Address – Sale Deed/Rental Agreement
  •  Copy of Utility bill – Electricity/Landline telephone/Gas Bill – not older than two months.
  •  No Objection Certificate for use of premises, if required

Note: Company Incorporation fees will be different for some State.

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