Private Limited Company Registration
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Private Limited Company Registration
A Private Limited company is a business set up which is privately held by its shareholders and has its liabilities limited to the extent of their investments or in other words limited to the extent of shares held by them in the company.
This type of Private limited company registration enjoys an independent legal entity status , meansits just like an individual person . The no of shareholders is limited to 50.
This is the most popular and accepted format of corporate business registration and most friendly among investors or for applying for Venture Capital in Indian and aboard. Minimum 2 people are required to do a Pvt Ltd Limited registration in India, they can be anybody friends , or relatives residing anywhere in the world . Even registered office can be a residential premises to register your Pvt Ltd company in India.
You can also form OPC ( One Person company registration in India ) if you are a single person aspiring to form a Pvt Ltd company .
So why wait and be in employment when you can be your own boss, we at Envizi Business Solutions LLP will help you as your legal partners in your journey towards success and growth. We are trusted service providers for Private Limited Company Registration in Pune.
What do you understand by the term Private Limited Company?
Private Limited Company is a type of company registration requiring minimum two directors and is registered under The Company Act, 2013. Entire registration process is monitored by Ministry of Corporate Affairs (MCA). This type of company registration is most suitable to start-ups who are looking for investors or venture capital (VC).
Selecting a Name for your Company:
You must look for a unique name as MCA has strictly updated their policies over the name selection. Unless your name qualifies as ‘unique’ one, your company will not be registered as private limited company. As per MCA, no two companies of the same name would function in the same line of business. Thus to avoid this ‘think-apply-reject’ cycle, get your private limited company registered by us as we are pioneers of Pvt. Ltd. Company Registration in Pune. To register your company name, keep in mind these three divisions: Key Name, Activity Name and Suffix Name. For e.g. in case of ours, ENVIZI is key name, BUSINESS SOLUTIONS is activity name and PVT LTD or LLP or Ltd is suffix.
- PAN card of Directors
- Address Proof of Directors (Passbook, Utility Bills etc.)
- Identity Proof of Directors (For example voting card, Licence, Passport)
- One Color Photograph of Directors
- Office Address Proof
- Minimum Two Shareholders
- Minimum Two Directors
- The directors and shareholders can be the same person
- DIN (Director Identification Number) for all the Directors
- DSC (Digital Signature Certificate) for all Directors.
What You Get
- Director Identification No (DIN)
- Digital Signature (DSC)
- Name Approval Certificate
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Certificate of Incorporation
- Company PAN
- Current Bank Account Opening Assistance
- GST Registration
Steps for Private Limited Company Registration in Pune
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Get your personal assistant to find the right solution, just sit back and relax.
Advantages of Private Limited Company
If it happens by any reason that company is unable to repay loans, partners personal saving and property is not at risk even in such situation. This is the biggest advantage of private limited company formation and is also the main reason behind its popularization.
Only 2 people are enough to be appointed as directors and you start your private limited company.
Trust and reliability are the two factors considered while disbursing a loan. Private limited companies are considered as most trusted and reliable formations and thus newly registered pvt. ltd. company can borrow funds through various channels like banks, investors, funding, venture capital etc.
Private limited company is always considered as separate entity meaning that directors have limited access to company liability as per their investment. For example, if two directors have investments of Rs. 2.5 lakh each in a private limited company, and by some reason company has liability of Rs. 10 Lakh, then both directors has access to Rs. 2.5 Lakh only.
Private limited company gives benefit of dual relationship meaning that person can be shareholder or director or supplier or client to company at a single time.
It is very easy to transfer the rights and authorities of one director or shareholder to new / another director or shareholder.
As a private limited company is separate entity, its operations or continuation will not get affected by death or non existence of any director.
Many investors prefer private limited company as their reliable investment channel thus it is very easy for private limited companies to attract those investors to fulfill their funding needs.
Private limited company pays salary to its employees and dividends to its shareholders. Shareholder experience a great benefit from private limited company as less tax is deducted when dividend is paid to them.
No one can claim their rights on the property of private limited company as private limited company is sole owner of the property.
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Why Choose Us
Envizigroup is pioneer of all types of company registrations in pune. Many individuals have great ideas over company formation and its structure in their mind but when it actually starts to deal with legalities, they step back due to its complexities and time-consuming process. Thus we have helped many such individuals to start their company allowing them to focus on their business enhancement. We are working in this domain since many years, thus we expertise in dealing with those barriers shifting your company registration plans every next day. Our team has ample knowledge and proven experience to offer you best solutions over your company registration needs. We are known in industry for our reliable, transparent and timely services and thus we have great relationships with many startups and well established companies as their trusted legal advisors. Contact Envizi to experience our WOW services and find your dreams coming true.