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WWW.LEGALRAASTA.COMPRIVATE LIMITED COMPANY GUIDE - INDIAHi, In
this video the Legalraasta team will teach our all about the
Private Limited Company in India its definition, advantages and
registration process.
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MEANING OF PRIVATE LIMITED COMPANYWhat is a Private Limited
companyPrivate Limited Companies are those types of companies where
minimum of two members are required and can have a maximum of fifty
members. Private Limited Company is the most popular legal
structure for businesses. Start-ups and growing companies prefer it
on grounds that it allows outside funding to be raised easily,
limiting the liabilities of its shareholders and enabling them to
offer employee stock options to pull in top talent.
A private limited company has every benefit of partnership like
flexibility, greater capital contribution and enhanced abilities,
etc to offer combined with limited liability, greater stability and
legal entity.
Now, what is the meaning of Private Limited company?Private
Limited Companies are those types of companies where minimum of two
members are required and can have a maximum of fifty members.
Private Limited Company is the most popular legal structure for
businesses.
A private limited company has every benefit of partnership like
flexibility, greater capital contribution and enhanced abilities,
etc.
Advantages of Private Limited companySeparate Legal EntityA Pvt.
Ltd. Co. is a legal entity and a juristic person established under
the Act.
Limited LiabilityMembers personal assets are safe and liability
of members is limited to the assets of company.Uninterrupted
ExistenceA company has perpetual existence i.e. it wont be affected
by the change, exit or entry of members.Borrowing CapacityBanks
prefer Private limited Companies to render loans over partnership
firms and proprietary concerns.Tax DeductionSole traders and
partnerships pay income tax. Companies are required to pay
Corporation tax on their profits. There is a wider range of
allowances and tax deductible costs that can be offset against a
company's profits.ADVANTAGES
Private Limited company has multiple advantagesSeparate Legal
Entity- A Pvt. Ltd. Co. is a legal entity and a juristic
person.Limited Liability-Members personal assets are
safe.Uninterrupted Existence-A company has perpetual existence i.e.
it wont be affected by the change, exit or entry of
members.Borrowing Capacity-Banks prefer Private limited Companies
to render loans over.Tax Deduction- There is a wider range of
allowances and tax deductible costs that can be offset against a
company's profits.
PROCESS OF INCORPORATION
Key steps of Formation of Private Limited Company
Here are the following steps of Private Limited Company.Fastest
& convenient.Application for registering DSC for
directors.Application for DIN takes 1 day.Name is Approved in 4-6
days.Drafting of MOA and AOA takes 2-3 days.Filing Incorporation
documents takes 3-4 days.Incorporation certificate.
DOCUMENT REQUIRED
You will need the following documents to register Private Ltd.
Co.Pan Card Copy, ID Proof , Residential Proof , Passport Size
Photograph.
Other documents.Rental Agreement (if rented property), Sale
Deed/ Property Deed (for owned property).
Also the following documents need to be attested before the
submission.Affidavit, Declaration Document, NOC - No Objection
Certificate, Subscription documents of MOA, Subscription documents
of AOA
PACKAGES OF PRIVATE LIMITED COMPANY InclusionsBasic
StandardPremiumConsulting/ Advisory ServicesDIN of two Directors2
DSC USB Token-2 year validityGovernment Fees for name Approval and
IncorporationStamp Duty For IncorporationGovernment Fee for 1 Lakh
Capital Drafting and Filing of all documents pertaining to
Incorporation Incorporation CertificatePAN Card for CompanyTan
RegistrationTrademark RegistrationDomain Name
Package price (Rs.)13,99920,79919,299
You can either file the documents at the MCA office in your
respective territory or use Legalraasta services for Register the
Private Ltd. Co.
With LegalRaasta you can register the Private Ltd Co. by filling
a simple online form available online at our website. The package
for Private Ltd. Co. starts at rupees 13999.
About LegalRaasta and TeamAbout usWe are committed to helping
you grow your business and add value through our expertise. We aim
to deliver a hassle-free experience so that you can focus on your
core business.
Our mission is to offer affordable, quick and automated
professional services to clients. Through technology, we bring
numerous government/ legal forms at one place and have simplified
them to be fully understood by common man. Legalraasta.com is a one
destination for your legal matters relating to:Forming any type of
business entity (e.g, Pvt. Ltd Co, LLP etc)Filing individual and
company returnHelping on company compliances such as ROC filings
& minutesProtecting work through trademark & copyrightOur
teamLegalRaasta.com has been founded by a team of Chartered
Accountants and professional advisors. We currently have a network
of 100+ professionals including experienced Chartered Accountants,
Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers
and Bankers.Pulkit Jain, founder of Legalraasta, has over 5+years
experience in CA and Legal domain. He has worked with the top CA
firms in India and has served large corporate and MNCs
Legalraasta.com is Indias top destination for legal &
company matters . We can help you in Forming any type of business
entity (Example Private. Limited Company, LLP),filing individual
and company return, Helping companies for their compliances such as
ROC filings & minutes, protecting work through trademark &
copyright.
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Why Choose UsCost effectiveBusinesses are always under intense
time and cost pressures. With our great packages 40% savings are
ensured compared to typical CA/ LawyerExpertiseBy teaming up with
us , you will have an access to network of 100+ experts. You can
gain the peace of mind in knowing that your accounting tasks are
done properly by qualified, experienced and knowledgeable
professionals in the field.Easy Online ProcessYou dont have to deal
with the typical headaches involved with face to face meeting and
visiting government offices. Our process is 100% online. Fill out
simple forms and you are done!!Trusted We are a trustworthy partner
which has been serving startups & companies for past several
years. Our growth numbers stand as a testimony: 200+ clients100+
services30+ testimonials
Partner/ Affiliations
We are an e-filing intermediary and have been facilitating
filing of hundreds of e-returns. We are also registered with
e-mudhra for issue of Pan cards. There are multiple other
associations with CA & legal firms. Our site has been secured
by SSL to protect your personal & payment details
We are a trusted partner with multiple top level expertise and
affiliation, and yet cost effective.
Contact UsCorporate officeB-186, Lok Vihar, Pitampura, Delhi
110034 IndiaOur team always endevour to serve you best. Feel free
to reach out to us at:www.legalraasta.comMail:
[email protected], M: +919999379929
So log on now at legalraasta.com to get your registered in
Private Ltd. Co. or mail us at [email protected]
