PRIVATE  LIMITED  COMPANY  REGISTRATION

 Section 2 (68) of the Companies Act, 2013 defines a private company as: “A Company having a minimum paid-up share capital as may be prescribed, and which by its articles, (i) restricts the right to transfer its shares; (ii) except in case of One Person Company, limits the number of its members to two hundred; (iii) prohibits any invitation to the public to subscribe for any securities of the company.”

Here in at ezymoneydeals.com we offer you a professional expert’s cost – effective service for creation and registration of your company.

Among business enterprises and start-ups private limited company registration is more preferred than a public limited company registration. There are various factors which makes private limited more favourite among business ventures and start-ups. In private limited company structure, there are numerous benefits with ease and cost effectiveness. A private limited company is a separate legal entity with limited liability, perpetual succession with at least 2, with minimum 2 shareholders and maximum 200 shareholders, with minimum share capital of 1 lakh. Such company shall contain “Private Limited” in its name.

       Following are the characteristics of the private limited company:

• Limited liability
• Separate Legal Entity
• Minimum no. of directors are 2 nos.
• Maximum no. shareholders restricted to 200 nos.
• Minimum no. shareholders are 2 nos.
• Restriction transfer of share i.e., approval of board of directors is needed
• Minimum amount of share capital is Rs.1.00 Lakh
• Mandatory inclusion of words Private Limited
• Raising of capital with an ease
• Tax benefits & incentives offered by govt.
• Brand status in the business world
• Opening of various opportunities
• Relatable essence of creditability & trust
• Protection feasibility of intellectual property rights
• Compliance of laws & regulations

Points to remember for registering Private Limited Company:

1. Selection of proper name
2. Registered address
3. Availability of at least two directors
4. Availability of minimum required shareholders
5. DSC (Digital Signature Certificate)
6. DIN (Digital Identification no.)
7. PAN (Permanent Account No. of Company)
8. TAN (Tax Deduction Account No. of Company)
9. MOA (Memorandum of Articles)
10. AOA (Articles of Association)
11. Minimum amount of share capital
12. COI (Certificate of Incorporation)
13.  Opening of Bank Account
14. Utility bills such as telephone bill, electricity bill, gas bill etc.
15. Sale deed or NOC from landlord
16. KYC of directors and shareholders (Aadhaar, PAN etc.)

Below is the short & quick summary: