COST OF PRIVATE LIMITED COMPANY REGISTRATION IN INDIA - LEGALPILLERS

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From Legalpillers

COST OF PRIVATE LIMITED COMPANY REGISTRATION IN INDIA – LEGALPILLERS

The Government has made Private Limited Company Registration process more user friendly with a whole lot of advantages IN 2020. Private Limited Company Registration has become the most frequent kind of Corporate Legal Entity in India, which is regulated by the Companies Act, 2013 and the rules made there under. A Private Limited Company Registration is a separate legal entity in the eyes of law made by a atleast 2 persons. As a result of this credibility attribute, it is simpler for a Private Limited company registration to raise funds from financial institutions that is going to be a lag in the case of Limited Liability Partnership. Advantages of a Private Limited Company registration are numerous and will be discussed within the article below. To register Pvt. Ltd Company Online, minimum two individuals are required that are the Shareholders in addition to Directors of the company along with also a simplified process prescribed under the Companies Act, 2013 will be followed that is discussed further. 

Must Read — DOCUMENTS REQUIRED FOR COMPANY REGISTRATION IN INDIA

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From Legalpillers Step by Step process of Private Limited Registration Even though there are very few changes to new company registration online process, however with the debut of new SPICe+ and AGILE form, it's now compulsory to apply for PF, ESIC, Bank Account and Professional Tax (in some states) together with incorporation and GST is discretionary. Moreover, the incorporation process was slightly changed and following steps must be undertaken to Online Private Limited Company RegistrationStep 1: An application for applying the Name will be submitted to Ministry of Corporate Affairs (MCA) for which maximum two names can be suggested within 1 application. Step 2: After getting of Title at Step-2, an application for creation of Digital Signature Certificates (DSC) shall be submitted. Step 3: Meanwhile, draft declarations and other papers DIR2, INC9, NOC and so Forth together with Memorandum of Association (MOA) and Articles of Association (AOA) and on being finalised. Step 4: At last, application for incorporation will be filed together with MCA. Step 5: applicable charge and stamp duty in accordance with your condition of Registered Office has to be paid in the time of submitting application. 

Must Read- TYPES OF COMPANY REGISTRATION IN INDIA FOR STARTUPS

Documents required for Pvt. Ltd Registration 

Passport Size Photo

Voter ID/Driving License/Passport/Adhaar

PAN of Directors

Bank Statement/Electricity Bill/Telephone Bill not older than two months

E-mail ID and Mobile Number

Electricity Bill/Water Bill/Gas Bill for office address

Advantages of Pvt. Ltd Registration Following are the Advantages of a Private Limited Company that will induce the entrepreneurs to go to this:

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From Legalpillers 

A Private Limited Registration has corporate character it means that in the opinion of law, it's an individuality of its different from its associates which assists in new building of the enterprise.

The Obligation of Shareholders at a private limited company is limited to that degree up to which they've undertaken to add to the capital of the company.

A company has' endless series', meaning uninterrupted presence until it's legally dissolved. A company being a different legal person, is untouched by the passing or other death of any penis and has been in existence no matter these changes in possession.

Being a different legal entity, a company can obtain, own, love and alienate, land in its name without a shareholder can maintain property of their company because his own provided that company is a going concern

Read Also- BENEFITS OF COMPANY REGISTRATION

Post-registration compliances of Register Pvt. Ltd Company Online After Register Pvt. Ltd Company Online you must comply with some compliances which are prescribed under Companies Act, 2013. These are mandatory in nature and company shall not ignore this. Failing in compliance shall lead-heavy penalties. 

Just within the 1 month of registration Auditor must be appointed. Post-appointment

The board meeting is conducted every 120 days or less. The 1st meeting is major to postincorporation for discussing the numerous terms of Company Act following Online Private Limited Company Registration.

Every director must reveal his concerns and interests directly or indirectly by a contract or agreement. The proposed contract is decided from the initial meeting of the board of directors. Any change in the concern of the manager must be inferred to the board of directors within 30 days following Private Limited Company Registration Process.

Books of accounts are mandatory along with financial statements at the office. The doubleentry accounting is followed and documents of the exact same are maintained for a minimum of 8 years. Following Pvt. Ltd Company Registration in India that our Revenue Tax Advisors will consult you concerning the rest of the post compliance aspects.

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From Legalpillers 

Following the incorporation and MCA Registration may get under the laws of stores and establishments over the 30 days after enroll a company Issuance of share certificate in 60 days: The share certificate is provided at 60 days of being a shareholder after by the board of directors. In case any assistance is needed for store act registration you might connect to our Income tax advisor also or you will get CA near me service provided by LegalPIllers. Costing of Private Limited Registration is very less here in India after initiative of ease of doing business in India. You can register your company just by paying Rs. 2999/professional fees. I which you will get so many certifications and registration along with Pvt. Ltd Registration. LegalPillers have a panel of Chartered Accountants/ Company Secretaries/ Advocates. We have online CA/ CA near me service from where you can get professionals or expert of online company registration.

What is the private limited company? Private Limited Company is a registration type of business having association with Ministry of Corporate Affairs. For Register Pvt. Ltd Company Online you must have 2 persons who will be director or member in company.

What are the documents required for Pvt Ltd company? For Register Pvt. Ltd Company Online you just need some basic documentation like Adhaar Card, PAN card, Bank statement, email id, photo, contact no, electricity bill of office, etc.

What is the benefit of Pvt Ltd Company in India? There are so many benefits of Private Limited Company Registration, which can be seen here for more refrence you can visit us at https://www.legalpillers.com/services/privatelimited-company-registration/ also.

Is it possible to register a company online? Private Limited Registration is 100% online process, you do not need to visit physically anywhere. Just provide scanned copy of basic documents and get your Online Private Limited Company Registration at your door step.

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From Legalpillers How can I start a Pvt Ltd Company in India? Starting a Online Private Limited Company Registration is easy now you have to provide some basic documents lomng with some other information. The process take 7-8 days. For more details connect our Online Ca at 9625279785 or 9267941961. 

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Source- https://ext-5448058.livejournal.com/258.html

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