A Private Limited Company is an ideal option for launching a family-owned or small-scale business, as it requires no minimum paid-up share capital.
Incorporating your business provides you with a professional status, and registering your company’s trademark helps protect your brand identity, preventing others from using it.
A Private Limited Company is recognized as a separate legal entity, meaning its assets and liabilities are distinct from those of its directors. The company is considered a legal person and has the right to take legal action against third parties in the event of disputes or defaults.
Limited liability is one of the primary benefits of incorporating a company. It means that the shareholders' personal assets are protected from the company's debts and liabilities.
Incorporating a private limited company makes it easier to raise funds and obtain loans. As a separate legal entity with a defined structure, it is more attractive to investors and financial institutions.
One of the key benefits of incorporating a private limited company is that there is no mandatory minimum capital requirement in many jurisdictions. This means that entrepreneurs can start their business with minimal financial investment, making it more accessible for small businesses and startups.
Aadhar / Voter ID / Driving licence / Passport of Directors and Shareholders
The Address proof of the Directors, shareholders along with the Proof of the registered place of business (Ownership documents/ rent or lease agreement) or any bill in relation to electricity /landlord bill / bank statement.
A photo Copy of the respective Directors and shareholders.
The PAN card of the respective Directors, shareholders and designated authorities of the company.
Digital signature is the electronic signature format of the Directors / signatory authority for the purpose of e-filing with the Register of Companies.
No objection certificate by the owner / landlord must be enclosed.
In case of any Non Resident Indian (NRI) or Foreign National Directors the relevant documents must be notarized and apostilled for certifying documents.
Yes , there is no requirement for minimum capital to start up Private Limited Company. Now capital money cannot restrict you from registration of your company.
Minimum of 2 directors are enough to start your private company and maximum upto 15 directors can be appointed.
No, the personal assets of the members will not be used even for unpaid debts; only the profit earned and shareholding will be used to pay back debts.
Yes, any Non Resident Indian (NRI) or Foreign National can become Directors but there should be at least one Indian resident on the Board of directors.