What IS Private Limited Company?
A type of company that offers limited liability, or legal protection for its shareholders but that places certain restrictions on its ownership. These restrictions are defined in the company’s by laws or regulations and are meant to prevent any hostile takeover attempt.
The major ownership restrictions are:
- 1. shareholders cannot sell or transfer their shares without offering them first to other shareholders for purchase ,
- 2. shareholders cannot offer their shares to the general public over a stock exchange , and
- 3. the number of shareholders cannot exceed a fixed figure (commonly 50).
A Private Limited company can be formed by minimum 2 directors with a minimum share capital of Rs. 1,00,000/-
Want Help? Call Us at +91 9599 186 079
Want Help? Call Us at +91 9599 186 079
Document Required for Private Limited Company
- Passport size photographs of all Directors
- Pan of all Directors
- Voter Id/Adhaar/DL/Passport of all directors
- Electricity bill of registered office of the company.
- Rent Agreement or NOC of Registered Office
Private Limited Company Registration Process
2 Working Days | You need to send us above mentioned documents. The first process will be to apply DSC and DIN of Directors. |
7 Working Days | After getting DSC and DIN of all Directors, We will ask you six names of your choice for Private Limited Company and Form INC-1 will be filed for reservation of the name. |
4 to 5 Working Days | Your application will be processed by the department and the name of company will be approved and after that incorporation forms will be filed to the registrar of companies along with required documents. The registrar of companies, If find all the details in order, will issue a certificate of incorporation. |
1 Working Day | After Getting registration certificate of the Private Limited Company, We will apply for PAN/TAN of the company as per your requirements. You will receive PAN/TAN with in 15 days at your registered office. |