What is a Private Limited Company?
One of the most highly recommended methods for starting a business in India is to establish a private limited company, which provides its shareholders with limited liability while imposing certain ownership restrictions. When it is LLP, the partners will manage it. On the other hand, a private limited company allows for directors and shareholders to be separate entities.
As your dependable legal advisor, Barrister Babu offers a cost-efficient service for registering your company in India. We handle all legal procedures and ensure compliance with the regulations set forth by the Ministry of Corporate Affairs (MCA). Upon successful completion of the private company registration process, we provide you with an Incorporation certificate (CoI), as well as PAN and TAN documents.
Benefits of Company Registration
Registering a company offers a lot of benefits. A registered company increases the authenticity of your business. It helps your business:
- Shield from personal liability and protects from other risks and losses.
- Attract more customers.
- Procure bank credits and good investment from reliable investors with ease.
- Offers liability protection to protect your company’s assets.
- Greater capital contribution and greater stability.
- Increases the potential to grow big and expand.
Documents Required for Online Company Registration
In India, private limited company registration cannot be done without proper identity and address proof. Listed below are the documents accepted by the MCA for the online company registration process:
Identity and Address Proof
- Scanned copy of PAN card or passport (foreign nationals & NRIs);
- Scanned copy of voter ID/passport/driving licence;
- Scanned copy of Aadhar Card;
- Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill;
- Scanned passport-sized photograph specimen signature (blank document with signature [directors only]).