Private Limited Company Registration and Requirements

Private Limited Company, is the best corporate structure to start your own business. Private Limited will be registered under The Companies Act, 2013 What is a legal requirement for Private Limited Company Registration?

• Minimum members required: 2 members

• Maximum Member required:200 members

Benefits of Private Limited Company Registration

• The private limited company has jurisdictional recognition.

• The liability of the members and the directors are limited to their shares.

• The life of the company is not affected by the status of the shareholders.

• Easy to expand the business and raise capital.

• It creates a brand value which enables the members and directors to enjoy limited liability as per the shares.i.e., if the company suffers from any loss or faces any financial crunch the personal assets of the members and directors will not face the risk of seizure by banks, creditors or government.

• More credibility than an LLP or a Partnership Firm.

Documents required for Private Limited Company Registration

• PAN Card or Passport or Election ID Card

• Latest Bank Statement/Telephone or Mobile Bill

• Voter’s ID/Passport/Driver’s License

• Passport-sized photograph

• Scan copy of Signature (signature should be same as on PAN Card)