Characteristic of Private Limited Company Registration
The basic Characteristic of Private Limited Company Registration are:
- Minimum 2 Directors
- Minimum 2 Shareholders
- 1 Director must be an Indian
- Minimum Authorized Capital Rs.1,00,000/-
- Perpetual succession
- Index of members
- Separate Legal Entity
- Limited Liability of Shareholders
Benefits of Private Limited Company
Following are the benefits of forming a Private Limited Company
- Sense of Ownership is more because of less number of shareholders.
- Less Complexity and Confusion in Decision Making and Management.
- Possibility to Grow Big and Expand
- Less legal formalities
- More preference for loans from Financial Institutions
- Shareholders can transfer their Shares with great ease.
- Limits the liabilities of its Shareholders.
- Easy to Sell Company
Services Offered by Us
Following are the services provided by us at the time of registration.
- DIN for 2 Directors
- DSC’s For 2 Directors
- Company name search & approval
- Drafting of MOA and AOA
- Certificate of Incorporation
- Company Pan Card
- Company TAN
- Annual Compliance Guidance.
Procedure for Registration
Fill Enquiry
Form
Associate will call
and discuss in length.
Make
Payment
Complete Documentation
& Requirements
Registration
Complete
Why Palankarta?
Experienced Financial
Professionals
Deliver Service
on Time
Cost
Effective
Assured Customer
Satisfaction
No Hidden
Fees / Charges.
Frequently Asked Questions
FAQ
General Questions
Yes By fulfilling requirements of Private Companies registration.
They will be taken over too in the procedure as stated in the agreement.
DIN is a unique Director identification number allotted by the Central Government to any person intending to be a Director or an existing director of a company. It is an 8-digit unique identification number which has a lifetime validity. Through DIN, details of the directors are maintained in a database.
Full form for DSC is Digital Signature Certificate, it is basically a signature of the assesses in a digital format in encrypted format. It is required as for applying a new incorporation at MCA (Ministry of Corporate Affairs), no physical signatures can be done in their forms, so for every filing of documents at MCA we will be requiring this.
You can log on to the site of Ministry of Corporate Affairs and check whether the name you are thinking of is taken or not. Site :
http://www.mca.gov.in/mcafoportal/checkCompanyName.do
- Opening a Bank Account.
- Deposit of Capital, Issue of Shares & Payment of Stamp Duty
- Appointment of Auditor within 30 Days of Incorporation
- Intimation of Registered Office Address.
- Filling of Form INC-20A- Commencement of Business.
- Preparation of Statutory Registers
- GST Registration, if required
- PF and ESI, if applicable.