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Key Features of a Private Limited Company
Limited Liability: Shareholders' liability is limited to the amount of capital they invest.
Separate Legal Entity: A Private Limited Company is a distinct legal entity separate from its owners.
Restricted Ownership: Shares cannot be publicly traded and are limited to a maximum of 200 members.
Ease of Fundraising: It can raise equity capital from investors, venture capitalists, and private equity firms.
Advantages of a Private Limited Company
Limited Liability Protection: Personal assets of shareholders are protected.
Credibility: Registration boosts business credibility with customers, vendors, and investors.
Perpetual Succession: The company continues to exist even if a shareholder exits or dies.
Tax Benefits: Eligible for various tax deductions under Indian laws
Documents Required
PAN card of all directors and shareholders
Address proof (Aadhar, Passport, Voter ID, or Driving License)
Passport-sized photographs of directors
Utility bill for the registered office (electricity bill, water bill, or gas bill)
NOC from the owner of the property
Key Considerations
Minimum Requirements:
At least 2 directors and 2 shareholders are required.
Authorized capital of at least ₹1 lakh.
Compliance: A Pvt. Ltd. Company must comply with annual filing requirements and maintain statutory registers.
Funding Options: Ideal for startups seeking external investment
Business Registration Made
Simplifying private limited registration with essential guidance and document requirements for your business.
Eligibility Criteria Overview
Learn about the necessary requirements for private limited company registration.
Required Documents List
Gather essential documents needed for smooth private limited registration process.
Follow Registration Rules
Understand the rules to ensure a successful private limited company registration.