New Startup - Private Limited Company

Features of Private Limited Company

 

• Separate Legal Entity:  It is completely separate entity from its shareholders and promoters

• Perpetual Existence: Company continues even if after death of the owners of the company

• Limited Liability of shareholders

• Benefit of Loans: Company is separate entity so it is easy acquire the many kinds of business loans

• Tax benefits

• Easy funding from market like investors and financial institutions

• Easy process for share transfers

Annual compliances of Private Limited Company

 

• Conducting Annual board meetings quarterly and Members meeting annually

• Annual Accounts audit by CA mandatory

• Annual returns with Ministry of corporate affairs (MCA)

• Income tax annual returns

Document requirements for Incorporation

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• The minimum authorised capital required to incorporate is Rs 1,00,000.PAN Card and Aadhar card of Proposed Directors

• At least 4 Proposed Names

• PAN and Aadhar of Proposed Directors

• 2 Passport-sized photographs of Proposed Directors

• Voter ID /Driving License / Passport of Proposed Directors

• Latest Electricity Bill / Telephone Bill / Mobil Bill / Bank statement not more than 2 month old of proposed directors.

• Latest Electricity Bill of proposed Registered office Address

• Rental Agreement/possession letter (NOC from the Owner)

 

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What we include for along with Registration

 

• 2 DIN and 2 DSCs

• Name reservations for company

• Drafting MOA and AOA

• PAN & TAN Application

• Corporate Identification Number (CIN)

• MSME Registration

• Share Certificates

• Support & felicitation for opening bank account

 

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How do you approach R2B?

 

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