Public Limited Company Registration In Delhi

Overview

Public Limited Company Registration In Delhi in which companies enjoy all the rights of a corporate entity with limited liabilities and is an ideal choice for small and medium scale enterprises who wish to raise equity capital from the general public.

Just like other companies, Public Ltd. The company is also registered as per the rules and regulations of the Companies Act, 2013. A Public Limited Company Registration In Delhi enjoys the benefits of limited liabilities for its members and has the right to sell its shares for raising the capital of the company.

It can be incorporated with a minimum number of three directors and has more stringent rules and regulations as compared to a Pvt. Ltd. Company.

It must have a minimum number of seven members whereas there is no limit for the maximum number of members.

It provides all the benefits of a private limited company along with more transparency and easy transferability of ownership and shareholding. Name, shares, formation, number of members, management and directors, etc differentiates any Public limited company from the private limited companies.

What is the difference between the Public limited Company and the Private Limited Company?

There are various points of difference between both these companies. Here are some chief differences between both :

Point Of Difference	Public Limited Company	Private Limited Company
Members	Minimum: 7 Maximum: No Limit	Minimum: 2 Maximum: 200
Directors	Minimum: 3	Minimum: 2
Public Invitations	Yes	No
Minimum Capital Income	No	No
Issuance Of Prospectus	Required	Not Required
Name Differences	Must have “Limited” at the end of its name	Must have PVT LTD at the end of its name
Mandatory Statutory Meeting	Yes	No
Managerial Remunerations	There are no as such restrictions	Cannot exceed the limit of 11/% of the net profit
Stock Exchange	Is listed on stock exchange and stock trade is carried out publicly.	Not listed on stock exchange neither carry out stock trade publicly.

Benefits of Registration

Here are the benefits provided to the company with Public Ltd. company registration

Limited Liabilities For The Shareholders Of The Company

Shareholders of the public company enjoy the benefits of limited liabilities under which their assets are safe and cannot be used to clear the debts and losses of the company. Despite it, the shareholders are responsible for their legal offenses. All the members, directors, and shareholders enjoy this right and their assets cannot be seized by any bank, creditors, or government bodies.

Perpetual Succession

A public limited company is considered a corporate body that has perpetual succession. This means in case of death, retirement, insanity, and insolvency of one or more members/shareholders/ directors, the company continues its existence.

Improved Capital Of The Company

In a public limited company, the general public is invited to buy the shares of the company. Hence, anyone can invest in a public company that improves the capital of the proposed company.

Borrowing Capacity

A public company can enjoy unlimited sources for borrowing funds. It can issue equity, debentures and can accept the deposits from the general public by selling its shares. Moreover, most financial institutions find public companies more prominent than other unregistered companies.

Fewer Risks

Since public companies can sell their shares to the public, it lesser the scope of unsystematic risks of the market.

Better Opportunities For Growth And Expansion Of The Company :

Fewer risks lead to better opportunities so that the company can grow and expand by investing in new projects from the funds raised by selling its shares in the market.

What are the basic requirements of Online Public Ltd. Company Registration in India ?

According to the provisions of the Companies Act, 2013 here are the requirements you need to fulfill to incorporate a Public company in India:

The proposed company must have a minimum number of 7 shareholders
The proposed company must have a minimum number of 3 directors
No minimum capital required
At least one director should have a Digital Signature Certificate
Memorandum of Association and Article of Association.
After approval from the Registrar of the Companies, the proposed public company has to apply for the “Certificate of Business Commencement.”

Documents Required for Public Limited Company Registration

Identity Proof such as Aadhar card, PAN card, Driving License, Voter Id of all the designated directors and shareholders.
Address Proof of all the proposed directors and shareholders of the company.
PAN card details of all the directors and shareholders
Utility bills such as telephone, gas, water, or electricity bill of the registered office as a residential proof of the business place. It should not be older than 2 months.
A NOC or No Objection Certificate from the landlord of the business place.
DSC or Digital Signature Certificate of the designated directors

To get start with Public Limited Company, reach CA in Delhi homepage.

Documents Required for Private Limited Company in Delhi | Registration

Before heading to Documents Required for Private Limited Company in Delhi Registration, we need to understand the basic requirements to be known before initiating a Pvt. Ltd Company in India;

What are the basic Documents Required for Private Limited Company in Delhi?

The company must have a unique name that should not be the same as any other registered company and trademark.
It is mandatory for a company to have a minimum of two directors.
As well as it is necessary to keep in mind that the company should have a minimum of two shareholders.
All directors & members of a company should have a digital signature certificate which will be used to register a Pvt. Ltd. company.
There is no minimum capital required for initiating a Pvt. Ltd. company.
The process of online company registration is quite simple; make sure that you have a unique name for your company which will surely help you with quick company registration.
You must avoid any offensive name for your Pvt. Ltd. company registration

Documents Required for Pvt. Ltd. company Registration

Declaration by the subscribers and by the directors
A confirmation for the address of the office
Two months utility bills copy
Certificate of incorporation of the Outer Country body corporate [If applicable]
A resolution passed by the global Company [If applicable
A recommendation declared by the promotional Company [If applicable]
The interest of the directors from other entities [If applicable]
Nominee’s assent
Identity proof and residential address of the subscribers and the nominees
Identity proof and residential address of Applicants
The Declaration/Resolution of the unregistered companies
DSC(Digital Signature Certificate)
Any other document [If required]

Documents Required for Pvt. Ltd. company Registration few requirements known like Acceptable documents for ID Proof, Address Proof, etc.

Note: Acceptable documents for ID Proof listed bellow :

Voter ID
Aadhaar Card
Passport
Electricity Bill
Ration Card
Telephone Bill
Driving License

Acceptable documents for Address Proof listed bellow:

Bank Statement
Electricity Bill
Mobile Bill

Know about the Overview and Benefits of Pvt. Ltd. company Registration

If you want to get start, Private Limited Company in Delhi, reach out to Chartered Accountants from CA in Delhi‘s homepage

Private Limited Company Registration process

Private Limited Company In Delhi | Registration | Process | Documents Required

What is Private Limited Company

A Private Limited Company In Delhi Registration is a privately maintained small business existence, which is one of the highly recommended means to start a business in India. The Companies Act 2013 governs Pvt. Ltd. company registration in India. While, minimum of 2 shareholders are required to start a private company, the higher limit of members is 200 as per the Companies Act, 2013. If a private limited company faces financial risk, its shareholders are not subject to sell their personal assets, i.e. they ought to have limited liability.

For online company registration, there must be a least of 2 directors while a maximum of 15 directors can be appointed in a company. The proposed director must have attained the age of 18 years. A foreign national can also become a director of a private limited company in India. There is no minimum paid-up capital required for a Pvt. Ltd. company registration. Every private limited company must use “Pvt.Ltd.” after their name.

A private limited company has never-ending existence, Pvt. limited company holds on existing even in the case of death or bankruptcy of its Members. A private limited company does not have any relationship with the public; they aren’t permitted to ask for any collateral from the public or public sectors. In a private limited company, people are not entitled to transfer shares, which protects takeovers of private limited companies from big enterprises.

Benefits of Pvt. Ltd. company registration

EASE OF FORMATION: A Private Limited Company can be formed by two persons only, by complying with the prescribed formalities of the Companies Act. With Spice forms, this is the fastest way to register a company
SEPARATE LEGAL ENTITY: The biggest advantage of a Private Limited Company is that its identity is distinct from that of its members. A company is a separate person having its own rights & Obligations.
PERPETUAL SUCCESSION: In case of the death of the owner or transfer of shares, your business won’t get affected and There will be no effect on the firm’s continuance.
LIMITED LIABILITY: The greatest benefit of a Private Limited Company is limited liability. If any liability arises then its member is not personally affected; members are only liable for unpaid shares held by them and not more than that. Stakeholders are not liable for corporate debts and liabilities
GREATER FLEXIBILITY: A Private Limited Company is required to perform lesser legal formalities as compared to a Public Limited Company. It enjoys special exemptions and privileges under the company law. Therefore, in a Private Limited Company, less compliance is required.
SECRECY: A Private Limited Company is not required to publish its accounts or file several documents. Therefore, it is in a better position than a public company to maintain business secrets.
INVESTMENT: Flexibility to raise investments or loans from NRIs and Foreigners. Easy to raise investments and corporate loans
TRANSPARENCY: Private Limited Company enjoys enhanced transparency thus able to win the trust of the general public.
MINIMUM COMPLIANCE: Private Limited Company Registration enjoys enhanced transparency thus able to win the trust of the general public.

What are the rules for picking a name for a private limited company?

The registrar of companies (RoC) across India expects applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval. First, however, do ensure that your name is available.

How much time is needed for setting up a private limited company in India?

If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

Do I need to be physically present during this process?

No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

What documents are required to complete the process?

All directors must provide identity and address proof, as well as a copy of the PAN card (for Indian nationals) and passport (for foreign nationals). No-objection certificate must be submitted by the owner of the registered office premises.

Is it necessary to have a company’s books audited?

Yes, a private limited company must hire an auditor, no matter what its revenues. In fact, an auditor must be appointed within 30 days of incorporation. Compliance is important with a private limited company, given that penalties for non-compliance can run into lakhs of rupees and even lead to the blacklisting of directors.

What is the minimum capital needed to form a private limited company?

There is no minimum capital required for starting a private limited company.

Can the limited liability partnership (LLP) be converted to a private limited company?

No, one cannot convert an LLP into a private limited company as it is not an MCA. The LLP Act, 2008, and the Companies Act, 2013, both don’t have any provisions on the conversion of the LLP is a private limited company. However, if one wants to expand their business they can register a new private limited company with the same name. The LLP company needs to just issue a no-objection certificate.

Can one register a private limited company on their home address?

Yes, the company can be registered at the owner’s home address. A copy of the utility bill is required to be submitted.

Does one have to be present in person for the incorporation of a private limited company?

The entire procedure is done online and one does not have to be present at our office or any other place for the incorporation. A scanned copy of the documents has to be sent via mail. They get the company incorporation certificate from the MCA via courier at the business address.

Can NRIs/foreign nationals become directors in a private limited company?

Yes, an NRI or a foreign national can become a director of a private limited company. He or she must obtain a DIN from the Indian RoC. They can also hold a controlling stake in the company. As long as at least one director on the board of directors is an Indian resident.

For more information, or to get started, reach out to Chartered Accountants from CA in Delhi‘s homepage

Know more about Documents required for Private Limited Company In Delhi

Documents Required for Private Limited Company Registration

Before heading to Documents Required for Private Limited Company Registration, we need to understand the basic requirements to be known before initiating a Private Limited Company in India;

What are the basic requirements of Online Private Limited Company in India?

The private limited company must have a unique name which should not be the same as any other registered company and trademark.
It is mandatory for a private limited company to have a minimum of two directors.
As well as it is necessary to keep in mind that the private limited company should have minimum two shareholders.
All directors & members of private limited company should have digital signature certificate which will be used to register a private limited company.
There is no minimum capital required for initiating a private limited company.
The process of online company registration is quite simple; make sure that you have a unique name for your company which will surely help you with quick company registration.
You must avoid any offensive name for your private limited company registration

Documents Required for Private Limited Company Registration

Declaration by the subscribers and by the directors
A confirmation for the address of the office
Two months utility bills copy
Certificate of incorporation of the Outer Country body corporate [If applicable]
A resolution passed by the global Company [If applicable
A recommendation declared by the promotional Company [If applicable]
The interest of the directors from other entities [If applicable]
Nominee’s assent
Identity proof and residential address of the subscribers and the nominees
Identity proof and residential address of Applicants
The Declaration/Resolution of the unregistered companies
DSC(Digital Signature Certificate)
Any other document [If required]

Documents Required for Private Limited Company Registration few requirements known like Acceptable documents for ID Proof, Address Proof etc.

Note: Acceptable documents for ID Proof are given bellow :

Voter ID
Aadhaar Card
Passport
Electricity Bill
Ration Card
Telephone Bill
Driving License

Acceptable documents for Address Proof are listed bellow :

Bank Statement
Electricity Bill
Mobile Bill

Know about the Overview and Benefits of Private Limited Company Registration

If you want to get started with Private Limited Company, reach out to Chartered Accountants from CA in Delhi ‘s homepage

GST Registration | Limit | Documents Required | Process | Fees

What is GST?

GST is an indirect tax that has replaced all the prevailing indirect taxes suitable until now. It is mainly a mixed form of all the other taxes which will cater for a single and streamline the method. After the introduction of GST, it essentially gives the thought of ‘One nation one tax’.The taxes are taxed at a single rate. The whole amount or accumulation, then divided between both Central and State governments in the title of CGST and SGST or IGST. This article will guide all about GST Registration

Who needs GST Registration?

Any business entity whose aggregate turnover in a financial year exceeds Rs 40 lakhs (Rs 20 lakhs for special category states in GST).
Note-This clause does not apply if the entity is only dealing in supply of goods/services which are exempt under GST,
Every entity registered under an earlier law of taxation (i.e., Excise, VAT, Service Tax, etc.) needs to get register under Goods and Service Tax.
Any entity or supplier dealing in inter-state supply of goods.
Casual taxable person
A tax-payer under the reverse charge mechanism
Input service distributor and its agent
E-Commerce operator or aggregator*
Non-Resident taxable person
Agents of a supplier
A Person who supplies through E-commerce aggregator.
Entities who are providing online information, acquiring database, or retrieval services from a place located outside India to a person in India, other than a registered taxable person

Certain businesses must file under GST. Carrying out business without filing is a crime and can lead to hefty penalties.

What are the Types of GST in India?

For GST administration, a model designed where the government (Central and State) have powers to impose and collect taxes through their respective legislations.

The Types of GST are Central GST, State GST, Integrated GST, and Union Territory GST. The details are given below:-

Central GST: CGST imposed a tax on the Intra State supplies of goods and services by the Central Government. When the place of the seller and the buyer is in the same state it is termed as an Intra-state supply of goods or services. A seller to collect both CGST and SGST in which CGST remains with the Central government while the SGST collected by the State government.
State GST: SGST is the tax levied on the Intra State supplies of goods and services by the State Government.
Integrated GST: Integrated GST govern by the IGST Act, the seller collects IGST from the buyer, the tax collected, divided between the Central and State Governments.
Union Territory GST: Union Territory GS applicable when any goods & services used in (UTs) of India, the revenue collected by the government of the union territory.

What are the Constituents of GST?

Registration Number
Legal Name and Constitution of business
Trade Name
Period of validity
Types of taxpayer
Date of Liability
Signature of the applicant

What is the Structure of 5 Slabs Under GST?

GST regimes are made by considering all the layman and inflation rates in mind. To make it simpler and easier, the GST is structured following the four tiers structure. These four zones are given below, which are as follows-

Zero Rates: Zero rate tax means – nil tax to apply on the goods and/or services.
Lower Rate: Lower tax rate determines the 5% tax rate applied on the CPI (Consumer Price Index) basket & mass consumption.
Standard Rate : Standard rate includes 12% & 18% of the tax rates.
Higher Rates: Higher rates tax includes 28% of the tax rate under GST Regulation.

What are the Benefits of GST Registration

Simplifies Taxation Services : GST has combined a number of indirect taxes under one umbrella and integrated the Indian market.

Reduction In Costs Of Products & Services: With the introduction of GST, the cascading effect of a series of VATs, taxes erased which has resulted in the reduction of the cost of goods and services.

Helps In Avoiding Lengthy Taxation Services : GST Registration helps the small businesses in avoiding the lengthy taxation services. As the service providers with a turnover of less than 20 lakhs and goods provider with a turnover of less than 40 lakhs are exempt from paying the GST.

Aimed At Reducing Corruption And Sales Without Receipts: GST, introduced with an aim of reducing corruption and sales without receipts. Also, it helps in reducing the need for small companies to comply with various indirect taxes.

Uniformity In Taxation Process : GST Registration brings uniformity in the taxation procedure and allows centralized registration. This helps the businesses to file the tax returns every quarter through an online process.

Minimizing Tax Evasion: With the introduction of GST, tax evasion minimized to a great extent.

Higher Threshold For Registration: Earlier, in the VAT system, any business with a turnover of more than Rs 5 lakh was liable to pay VAT in India. The in-Service tax exempted service providers with a turnover of less than Rs 10 lakh. In the GST, the regime Threshold increased to Rs 20 lakh for a lot of small traders, service providers.

Composition Scheme For Small Businesses : Under GST, small business under turnover of Rs 20 to 75 lakh can benefit as it gives an option to lower taxes by using the Composition scheme. This move has brought down the tax and compliance burden on many small businesses.

Simple And Easy Online Procedure: The complete process of GST (from registration to filing returns) done online, and it is super simple. This has been advantageous for start-ups mainly, as they do not have to run from pillar to pillars to get diverse registrations such as VAT, excise, & service tax.

Compliances Is Lesser In Number: Previously, there was VAT & service tax, each of which had its own returns & compliances. In GST, on the other hand, just one unified return to be filed.

Regulations Of Unorganized Sector: In the pre-GST, often observed that certain industries in India like building construction and textile were largely unorganized and unregulated. Under GST, however, there are provisions for online compliances and payments, and for availing of input credit only when the supplier has accepted the amount. This has brought accountability and regulation to these industries.

What is the fees for GST Registration

The ideal range varies from Rs. 1,000 to Rs. 3,000 based on the quality of service.

FAQ – Frequently Asked Questions

Can I apply for GST Registration online?

Yes, you can apply for GST Registration online. You can simply register your business on the official GST portal and then scan and upload all the required documents. You will then receive an acknowledgment. A GSTIN will be generated on acceptance of the application and a temporary password and login will be sent. GSTIN is a unique 15-digit ID. A GSTIN Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland, and Tripura must get a GST registration if their supply turnover exceeds Rs. 10 lakh. As mentioned above, this threshold limit applies only to businesses that operate within their home state. A business that conducts trade with another state must seek registration regardless of turnover.

Is the GST threshold limit the same for all Indian states?

The exemption limit is a supply turnover of Rs. 20 lakh for businesses in all except for the Indian states in the northeast region. Businesses in Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland, and Tripura must get a GST registration if their supply turnover exceeds Rs. 10 lakh. As mentioned above, this threshold limit applies only to businesses that operate within their home state. A business that conducts trade with another state must seek registration regardless of turnover.

How would the composition scheme work under GST?

The composition scheme under GST would be applicable to businesses with a turnover of up to Rs. 50 lakh. Small businesses with turnover less than Rs. 1 crore* (Rs. 75 Lakhs for Northeastern states) can opt for a composition scheme. Such taxpayers would pay a fixed percentage of their turnover and cannot avail of the benefits of an input tax credit. Such businesses cannot collect taxes from their customers. The floor rate of tax cannot be less than 1%. *GST Council has decided to increase the limit to Rs. 1.5 crores but official notifications are awaited.

Composition dealers are required to pay tax based on their business types.

They need to file only one return on a quarterly basis. Whereas normal taxpayers are required to file three returns on a monthly basis.
Composition dealers cannot collect taxes from customers
They cannot issue taxable invoices, i.e., collect tax from customers and are required to pay the tax out of their own pocket.
No input tax credits can be claimed

Persons who are not eligible for the GST composition scheme include:

Service providers (except restaurant owners)
Non-taxable goods suppliers
Sellers operating through an e-commerce platform
Suppliers involved in the inter-state supply of goods
Manufacturers of notified goods

Does GST apply to all businesses?

Yes, GST applies to all service providers, manufacturers, and traders. It extends to any dealers, bloggers, and writers, earnings from Google AdWords through PayPal, import-export businesses, all kinds of startups and companies, whether they are LLPs, proprietorships, partnerships, or private limited companies. It also applies, regardless of the threshold limit,

Businesses operating outside their home state
A business not registered to the state
Businesses paying a reverse charge
Input service distributor
E-commerce operators
Aggregators selling services under own brand name (Ola, for example)
Online sellers
Suppliers or agents

For a complete list of FAQs on GST Registration, please click here.

When to apply for multiple GST registrations?

Under the GST regime, only one registration is allowed against one PAN. However, businesses, which operate in more than one state must have
When a person runs a business in more than one state, then he must have a separate GST registration for each state.
If the business has multiple verticals within a state, then the registration has to be done for each business vertical.

You can reach, Chartered Accountants on CA in Delhi‘s homepage to get started with GST Registration

Know more about Documents required for GST Registration of Company

Public Limited Company Registration

Overview

Public Limited Company Registration in which companies enjoy all the rights of a corporate entity with limited liabilities and is an ideal choice for the small and medium scale enterprises who wish to raise equity capital from the general public.

Just like other companies, Public Limited Company is also registered as per the rules and regulations of the Companies Act, 2013. A public Company enjoys the benefits of limited liabilities for its members and has the right to sell its shares for raising the capital of the company.

It can be incorporated with a minimum number of three directors and has more stringent rules and regulations as compared to a Pvt. Ltd. Company.

It must have a minimum number of seven members whereas there is no limit for the maximum number of members.

What is the difference between the Public limited Company and the Private Limited Company?

There are various points of difference between both these companies. Here are some chief differences between both :

Point Of Difference	Public Limited Company	Private Limited Company
Members	Minimum: 7 Maximum: No Limit	Minimum: 2 Maximum: 200
Directors	Minimum: 3	Minimum: 2
Public Invitations	Yes	No
Minimum Capital Income	No	No
Issuance Of Prospectus	Required	Not Required
Name Differences	Must have “Limited” at the end of its name	Must have PVT LTD at the end of its name
Mandatory Statutory Meeting	Yes	No
Managerial Remunerations	There are no as such restrictions	Cannot exceed the limit of 11/% of the net profit
Stock Exchange	Is listed on stock exchange and stock trade is carried out publicly.	Not listed on stock exchange neither carry out stock trade publicly.

Benefits of Public Limited Company

Here are the benefits provided to the company with Public Ltd. company registration

Limited Liabilities For The Shareholders Of The Company

Perpetual Succession

Improved Capital Of The Company

In a public limited company, the general public is invited to buy the shares of the company. Hence, anyone can invest in a public company that improves the capital of the proposed company.

Borrowing Capacity

Fewer Risks

Since public companies can sell their shares to the public, it lesser the scope of unsystematic risks of the market.

Better Opportunities For Growth And Expansion Of The Company :

Fewer risks lead to better opportunities so that the company can grow and expand by investing in new projects from the funds raised by selling its shares in the market.

What are the basic requirements of Online Public Ltd. Company Registration in India ?

According to the provisions of the Companies Act, 2013 here are the requirements you need to fulfill to incorporate a Public company in India:

The proposed company must have a minimum number of 7 shareholders
The proposed company must have a minimum number of 3 directors
No minimum capital required
At least one director should have a Digital Signature Certificate
Memorandum of Association and Article of Association.
After approval from the Registrar of the Companies, the proposed public company has to apply for the “Certificate of Business Commencement.”

Documents Required for Public Limited Company Registration

Identity Proof such as Aadhar card, PAN card, Driving License, Voter Id of all the designated directors and shareholders.
Address Proof of all the proposed directors and shareholders of the company.
PAN card details of all the directors and shareholders
Utility bills such as telephone, gas, water, or electricity bill of the registered office as a residential proof of the business place. It should not be older than 2 months.
A NOC or No Objection Certificate from the landlord of the business place.
DSC or Digital Signature Certificate of the designated directors

Private Limited Company Registration | Process | Documents Required

What is Private Limited Company

A Private Limited Company Registration is a privately maintained small business existence, which is one of the highly recommended means to start a business in India. The Companies Act 2013 governs Pvt. Ltd. company registration in India. While, minimum of 2 shareholders are required to start a private company, the higher limit of members is 200 as per the Companies Act, 2013. If a private limited company faces financial risk, its shareholders are not subject to sell their personal assets, i.e. they ought to have limited liability.

For online company registration, there must be a least of 2 directors while a maximum of 15 directors can be appointed in a company. The proposed director must have attained the age of 18 years. A foreign national can also become a director of a private limited company in India. There is no minimum paid-up capital required for a Pvt. Ltd. company registration. Every private limited company must use “Pvt.Ltd.” after their name.

A private limited company has never-ending existence, Pvt. limited company holds on existing even in the case of death or bankruptcy of its Members. A private limited company does not have any relationship with the public; they aren’t permitted to ask for any collateral from the public or public sectors. In a private limited company, people are not entitled to transfer shares, which protects takeovers of private limited companies from big enterprises.

Benefits of Private Limited Company Registration

EASE OF FORMATION: A Private Limited Company can be formed by two persons only, by complying with the prescribed formalities of the Companies Act. With Spice forms, this is the fastest way to register a company
SEPARATE LEGAL ENTITY: The biggest advantage of a Private Limited Company is that its identity is distinct from that of its members. A company is a separate person having its own rights & Obligations.
PERPETUAL SUCCESSION: In case of the death of the owner or transfer of shares, your business won’t get affected and There will be no effect on the firm’s continuance.
LIMITED LIABILITY: The greatest benefit of a Private Limited Company is limited liability. If any liability arises then its member is not personally affected; members are only liable for unpaid shares held by them and not more than that. Stakeholders are not liable for corporate debts and liabilities
GREATER FLEXIBILITY: A Private Limited Company is required to perform lesser legal formalities as compared to a Public Limited Company. It enjoys special exemptions and privileges under the company law. Therefore, in a Private Limited Company, less compliance is required.
SECRECY: A Private Limited Company is not required to publish its accounts or file several documents. Therefore, it is in a better position than a public company to maintain business secrets.
INVESTMENT: Flexibility to raise investments or loans from NRIs and Foreigners. Easy to raise investments and corporate loans
TRANSPARENCY: Private Limited Company enjoys enhanced transparency thus able to win the trust of the general public.
MINIMUM COMPLIANCE: Private Limited Company Registration enjoys enhanced transparency thus able to win the trust of the general public.

FAQ- Frequently Asked Question