Incorporation means the formation of a new company. The corporation may include a company, a business, a start-up, a non-profit organization, a micro, small or medium enterprise. A Private Limited Company in Jaipur can be formed with a minimum of two members this number can be extended up to a maximum of two hundred members. A minimum of two directors is needed which can go up to a maximum of fifteen. MCA governs the corporate affairs in India under the Companies Act. 1956, 2013 and other related Acts, Rules, and Bills. MCA also offers many services to the company owners. The Ministry is mostly concerned with the regulation of the Companies Act,2013. It is also involved in the Companies Act, 1956 and Limited liability Act, 2008. It has a separate legal entity. The private limited company limits its owner's liability to shares and these cannot be traded openly.
Distinct Identity: A private limited company is considered to be a separate legal entity. It has its own identity and very much recognized as a separate company under the law. An entity means something which has a real existence Also, the company can own property due to this feature under its name. The company can sue and also it can be sued under its own name due to this very same feature.a pvt ltd company is a legal entity separate from that of its members.
Stability due to Limited Liability: Private Limited Company has this feature of limited financial liability of all the shareholders. The liabilities are limited to their shares only. This feature protects the personal assets and income of shareholders at times of any financial crisis faced by the company. and it protects all shareholders and liabilities.
Long and continuity of Existence: Private Limited companies are not affected by the status of their own when it comes to their existence. Death or inability to continue if the owner does not hinder the proceedings of the company.. This continuity of life has always been one of the great advantages of the corporate form.
Minimum requirement of shareholders and members: Only two members and two shareholders are required to incorporate a private limited company. In the case of a private limited company, shares can be allotted to the public without receiving the minimum subscription.This gives many Entrepreneurs an opportunity to set up their own company.
Ease of Raising Funds: Shareholders allowed are up to two hundred and another two hundred members are allowed, this many numbers and the reputation of the private limited company makes it easier to raise capital funds in comparison to other forms of companies. Therefore, we can say the scope of expansion is greater when a private limited company is incorporated. The primary requirement of growing business is to have funding which in private limited companies is possible because of ease of raising capital from an Venture Capitalist or Private Equity Firms.
Tax Advantages: They pay tax on taxable profits and are exempted from higher personal income tax rates.it is considered to be in the public interest.
Flexible Relations: A person can act as a shareholder, a director and an employee at the same time when the private limited company is taken into consideration. Shares of a company limited by shares can be transferred by a shareholder to any other person. They are considered reliable too.
A company is a separate legal entity from its Owners and Management in the eyes of law.
The business of the Company will not affect if there is any change in the ownership of the company.
Startups businesses can easily raise funds from investors on an equity basis
Every Pvt Ltd Company enjoys for recently announced start-up tax exemption
company registration process is stringent enough to make this structure credible among others which makes fundraising or borrowing from external sources easier. The primary requirement of a growing business is to have funding which in a private limited company is possible because of ease of raising capital from a Venture Capitalist or Private Equity Firms.
Once the Company registration in India is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. This also provides right to sue third parties in case of any defaults.The company can sue and also it can be sued under its own name due to this very same feature.A company is a Separate legal entity from its Owners and Management in the eyes of law.
The obvious advantage of a Limited Liability Company in Rajasthan is the financial security that comes with the business. the Company's shareholders will only be liable for any debt the company accrues according to the levels of their own investment and no more. The company’s obligation or debts of does not create a charge over the owner’s personal assets.
The separate ownership and management help both the company and the management to focus on their potential works. The share holders assign responsibility to operate and run the company without losing control in the form of voting. In a Private Limited Company, the share holders are the owners.Owners of a company include share holders, govt entities,
Sent the required business details for PVT LTD Company registration and information on our E-mail.
Choose one of our packages and pay online with different payment modes available.
successful payment, we will then apply for Digital Signature Certificate and Director Identification Number.
We will then test your crowd repute availability and company name approval.
Our professionals then make the Memorandum of Association (MOA) and Article of Association (AOA)
We will file the Incorporation documents and get you the certificate by applying PAN and TAN
PASSPORT SIZE PHOTOGRAPH
IDENTITY PROOF
DIGITAL SIGNATURE
ADDRESS PROOF OF BUSINESS
