Introduction
Start your own company with two or more people with less risks to your personal assets. Private Limited PVT. LTD. registration is one of the best solutions to your business dreams. With two or more people as owner your business funding, responsibilities and risks get shared. Moreover, as Shareholder and owner of your company you enjoy the attractive feature of limited liability with no risks to your personal assets.
Set-up your own company in India with no hassles. Get Company CIN and Certificate of Incorporation within 3 workings days*. Enjoy numerous benefits of being a private limited company.
What is PVT. LTD. company?
Private company is one of top business structure. With 2 members with basic capital investment and documents you are ready to setup Private company in India. Private company has got great social recognition than other forms businesses like partnership or proprietorship. Banks, Investors and customers have profound trust in private companies. They would prefer to have business relationship with private company rather than other forms of business as the company continues to exist for decades and centuries.
All PVT. LTD. companies in India are governed as per rules and provisions under Companies Act, 2013.
Who is PVT. LTD. Shareholder?
PVT. LTD. Shareholder is the person or business entity who invests money to buy share of the private company. Private limited shareholder are the business owners of the company. They have a choice to take part in company management. They get dividends when the company makes profits.
Why PVT. LTD. registration is good Choice?
Limited risk and Liability
Just like other forms of companies PVT. LTD. owner’s personal assets are safe and has less risks .
Funding and Bank Loan
Private Companies can approach venture capitalists and Foreign Direct Investments to meet their funding needs. Banks also are more eager to lend money to companies too.
Hire Professional talent
Talented and skilled professionals prefer to work with private companies rather than small businesses. Hence it’s easy to attract and employ talented workforce for your business.
Shared burden
With two or more persons as business owners, funding and responsibilities can be shared among the business owners
Quick Registration
You can get OPC registration done within 3 days through right company registration consultants.
Ownership and Management
A person may invest money in a company and be a simple share holder. S/He may choose not take part in company management. But still they have voting rights in the company. Hence the ownership and management can be separated in private company.
Access to FDI
Foreign Direct investments is eligible to PVT. LTD. through direct government route
Distinct legal Person
PVT. LTD. is a separate business entity, separate from its share holders. It is a corporate body. People and banks believe in company structure and you can enjoy good social recognition with PVT. LTD. registration
Social Visibility
Visibility is an important factor in current business scenario. Getting recognized in business world is key to your growth and success. People have trust in companies. Since PVT. LTD. is a corporate body under ROC control they have more social visibility.
Process for PVT. LTD. Registration
Setting up your PVT. LTD. business is a simple procedure with help of right professionals. You need NOT worry about paperwork or legal formalities to get your PVT. LTD. certificate. Our corporate consultants can get company’s certificate of incorporation much faster. The process of OPC incorporation start with free consultation with expert consultants, Name reservation, documentation and online submission. iMaster consultants can support you at every stage of PVT. LTD. business set-up. We are happy to answer your queries.
PVT. LTD. Companyregistration is just a call and mail away with iMaster. Provide us the basic documents and details to get your task done.
Document proof required for PVT. LTD. incorporation in India
From Director-shareholder
Photograph, PAN , Address Proof(Electricity /Gas /Telephone Bill / bank statement) , Identity Proof (Passport/ voter Id/ Driving License)
Registered Office Address Proof
NOC from Owner and Utility bill proof (Electricity/Water/ Property tax paid receipts)
Disadvantages of PVT. LTD. Company
High compliance
Compliance like board meeting, quorum, minutes and notices of meeting must be followed by private companies. AGM and filing of mandatory ROC forms is a must. Audit is compulsory when capital or turnover exceeds prescribed limit. Important Business decisions can be made only upon approval of company board.
Cost of compliance
When there is high compliance is more, naturally the cost of compliance will be more.
Share Transferability
Shareholders cannot transfer share easily. There are restrictions in transferability of shares for private companies
Unlisted shares
Private company shares are unlisted and hence they cannot be traded on stock exchanges. General public cannot trade shares of private company on stock exchange as they are unlisted.
Words of wisdom
Although both Private Limited Company has many attractive features, it is advisable to choose your business structure based on your capital and growth needs. If you are an business owner looking for foreign funding projecting huge turnover, private company is a good choice.
It is important to start your PVT. LTD. with perfect legal formalities. Choose your business structure wisely based on your requirements and projected business scenario in future. Seeking professional advice from best corporate consultants is a smart move.
Limited risk and Liability- Just like other forms of companies PVT. LTD. owner’s personal assets are safe and has less risks .
Funding and Bank Loan- Private Companies can approach venture capitalists and Foreign Direct Investments to meet their funding needs. Banks also are more eager to lend money to companies too.
Hire Professional talent- Talented and skilled professionals prefer to work with private companies rather than small businesses. Hence it’s easy to attract and employ talented workforce for your business.
Shared burden- With two or more persons as business owners, funding and responsibilities can be shared among the business owners
Quick Registration- You can get OPC registration done within 3 days through right company registration consultants.
Ownership and Management- A person may invest money in a company and be a simple share holder. S/He may choose not take part in company management. But still they have voting rights in the company. Hence the ownership and management can be separated in private company.
Access to FDI- Foreign Direct investments is eligible to PVT. LTD. through direct government route
Distinct legal Person- PVT. LTD. is a separate business entity, separate from its share holders. It is a corporate body. People and banks believe in company structure and you can enjoy good social recognition with PVT. LTD. registration
Social Visibility- Visibility is an important factor in current business scenario. Getting recognized in business world is key to your growth and success. People have trust in companies. Since PVT. LTD. is a corporate body under ROC control they have more social visibility.
Process for PVT. LTD. Registration
Setting up your PVT. LTD. business is a simple procedure with help of right professionals. You need NOT worry about paperwork or legal formalities to get your PVT. LTD. certificate. Our corporate consultants can get company’s certificate of incorporation much faster. The process of OPC incorporation start with free consultation with expert consultants, Name reservation, documentation and online submission. iMaster consultants can support you at every stage of PVT. LTD. business set-up. We are happy to answer your queries.
PVT. LTD. Companyregistration is just a call and mail away with iMaster. Provide us the basic documents and details to get your task done.
Document proof required for PVT. LTD. incorporation in India
From Director-shareholder – Photograph, PAN , Address Proof(Electricity /Gas /Telephone Bill / bank statement) , Identity Proof (Passport/ voter Id/ Driving License)
Registered Office Address Proof- NOC from Owner and Utility bill proof (Electricity/Water/ Property tax paid receipts)
Disadvantages of PVT. LTD. Company
High compliance- Compliance like board meeting, quorum, minutes and notices of meeting must be followed by private companies. AGM and filing of mandatory ROC forms is a must. Audit is compulsory when capital or turnover exceeds prescribed limit. Important Business decisions can be made only upon approval of company board.
Cost of compliance- When there is high compliance is more, naturally the cost of compliance will be more.
Share Transferability- Shareholders cannot transfer share easily. There are restrictions in transferability of shares for private companies
Unlisted shares- Private company shares are unlisted and hence they cannot be traded on stock exchanges. General public cannot trade shares of private company on stock exchange as they are unlisted.
Words of wisdom.
Although both Private Limited Company has many attractive features, it is advisable to choose your business structure based on your capital and growth needs. If you are an business owner looking for foreign funding projecting huge turnover, private company is a good choice.
It is important to start your PVT. LTD. with perfect legal formalities. Choose your business structure wisely based on your requirements and projected business scenario in future. Seeking professional advice from best corporate consultants is a smart move.
What we do
PVT. LTD. registration process is a seamless process. But, it is important to get it done right with perfect legal formalities. This is an important step in setting up PVT. LTD. company. With us, PVT. LTD. registration is simply easy. Let us handle your PVT. LTD. registration formalities. Save your precious time and effort. Get your PVT. LTD. Certificate within 3 days*. Our vibrant practicing professionals make your registration process, a pleasant experience. We offer end to end PVT. LTD. registration, advisory and compliance services
iMaster strives to provide unparallel business registration and compliances services to cheer up upcoming entrepreneurs. Save time and money with our business support services
For more details please Contact Us.