1 / 6

Simple Process to Company Registration in India

To register a company is a very quick and simple process. It simplifies the process of staring the business and company incorporation in India. Private Limited Company Formation in India or Public Limited, it has advantages that make people choose it over the other types.<br>

enterslice
Télécharger la présentation

Simple Process to Company Registration in India

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Company Registration The Private Limited Company Registration is the most popular structure for starting a business in India. Get Started Now - 4999

  2. Know About Company Registration A private limited company (PLC) in India is a privately held business enterprise owned by individual people or other companies. The formation regulations and registration of the PLC is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014.

  3. There Are Three Distinct Types of Private Limited Companies • Company Limited by Shares - the liability of the shareholder is limited to the nominal amount of his shares, as mentioned in the MoA. • Company Limited by Guarantee – the liability of the shareholder is limited to the amount of liability undertaken by each member as per the MoA. • Unlimited Company – the liability of each member in such type of PLC extends to the entire value of the company’s debts and liabilities.

  4. Minimum Requirements for Company Registration For the registration of a private limited company following requirements are to be met: There has to be at least two shareholders and Minimum two directors

  5. Features of Company Registration • The distinctive attributes of a private limited company is the limited liability protection to the shareholders and raising equity funds. • A private limited company is considered as a separate legal entity under the companies act. Therefore, hiring an employee, opening a bank account, taking on equity can be exercised under the company’s name. • A private company will work without a break in continuity until it is legally closed or dismissed. So, company as being the separate legal entity; it will be unaltered by the death or other departure of the company’s employee. • The ownership of a company can be easily transferred by the consent of other shareholders and by fulfilling the other legal requirements. • Private limited companies have the borrowing capacities; that is, it can deal in shares, debentures and accept deposits with RBI’s approval. Banks and other financial entities provide funding to these companies as well. • Private limited company registration is considered as a virtual human identity; in that case it can own a property on its name. The property can be any building, machines, property etc. And the biggest advantage of this, is the no claim by the shareholder on these.

  6. Thanks For Visiting

More Related