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Complementary Incorporation Kit;
Complementary Incorporation Kit;
Complementary Incorporation Kit;
Complementary Incorporation Kit;
What is Private Limited Company?
Private Limited Company, the most popular legal structure for businesses, is an easy to form entity in India. Private limited company has a separate identity and liability is limited. A private limited company has a minimum of two members and a maximum of 200 members. The entire process takes 10 to 15 days, depending on whether you have the documents in order.
Why Choose Private Limited Company Registration:
Minimum requirement to incorporate Private Limited Company;
No, whole process are online and document also filing on electronically so it does required to be present physically. You required to send us scanned copies of all the required documents & forms.
Company has to pay tax at Base rate + Surcharges + CESS. Base rate of the Company are as below:
Domestic Company not Availed any exemption or incentive | 22% |
Company Incorporate After 1st October 2019 and not availed any exemption or incentive | 15% |
If, any exemption or incentive are availed | 25% |
Any other Case | 30% |
For Registered Office of the Company:
1. Electricity Bill / Telephone Bill / Mobile Bill (Not Older than 2 Months)
A utility bill, rent agreement or sale deed and an NOC from the landlord with his / her consent to use the office as a registered office of a company must be submitted as well.
There is no personal liability of Director and shareholder for any debt of the company. So, the director personal property are safe.
Company has a spate PAN, Other registration in its own name and its legally recognized as a spate entity. Company can own property its own name.
The Ownership decided for the number of shares held by the shareholder and shares can be transfer to the other person or entity.
Private limited companies have equity and its more suitable/ preferable for the venture capital, private equity, bank, angel investor to invests/funding in such company. Private company has a more option to get fund apart from the above mention like; Right Issue, issuing Debenture, convertible debentures, issuing preference Shares and many more. The Banks and Financial Institutions prefer to provide the funding to a company rather than the partnership firms or proprietary concerns.
A Private Limited Company has ‘perpetual succession’, that means, it has an uninterrupted existence until it is legally dissolved. As a company is a separate legal person, it is unaffected by death or other the departure of any member and it continues to be in existence irrespective of the changes in ownership.
A Private Limited Company has a number of tax benefits available. As per recent announce company incorporate after October 2019 in manufacturing or service sector can avail tax benefit at a rate of 15% and 22%. Company can also avail deduction on employer –employee policy as per the income tax act.