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One of the most highly recommended methods for starting a business in India is to establish a private limited company, which provides its shareholders with limited liability while imposing certain ownership restrictions. When it is LLP, the partners will manage it. On the other hand, a private limited company allows for directors and shareholders to be separate entities.
As your dependable legal advisor, Barrister Babu offers a cost-efficient service for registering your company in India. We handle all legal procedures and ensure compliance with the regulations set forth by the Ministry of Corporate Affairs (MCA). Upon successful completion of the private company registration process, we provide you with an Incorporation certificate (CoI), as well as PAN and TAN documents. With these in hand, you can easily establish a current bank account and commence your business operations.
Registering a company offers a lot of benefits. A registered company increases the authenticity of your business. It helps your business:
As defined by the Companies Act 2013, we must guarantee that the checklist requirements are met.
A private limited company must have at least two directors, with a maximum of fifteen. A minimum of one of the company's directors must be a resident of India.
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India.
There is no minimum capital amount for a private company.
The registered office of a company does not have to be a commercial space. Even a rented home can be the registered office, so long as a NOC is obtained from the landlord.
Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have Barrister Babu as our professionals can help you with every step of the private limited company registration process.
In India, private limited company registration cannot be done without proper identity and address proof. Listed below are the documents accepted by the MCA for the online company registration process:
Note: Your registered office need not be a commercial space; it can be your residence too.
An addition to, deletion from, or a change of existing provisions of the articles of incorporation of a domestic corporation.
The governing body of a corporation who is elected by shareholders. The directors are responsible for selecting the officers and the supervision and general control of the corporation.
The title of the document filed in many states to create a corporation. Also known as the articles of incorporation.
The DSC (Digital Signature Certificate) is an instrument issued by certifying authorities by which you can sign electronic documents. As all documents needed are electronic.
Director Identification Number
The statutory procedure that terminates the existence of a domestic corporation.
The act of creating or organizing a corporation under the laws of a specific jurisdiction.
The protection generally afforded a corporate shareholder, limited partner or a member of a limited liability company from the debts of and claims against the company.
A procedure that allows a company to obtain exclusive use of a corporate name for a specified period of time.
The statutory address of a corporation. In states requiring the appointment of a registered agent, it is usually the address of the registered agent.