PRIVATE LIMITED COMPANY |
Incorporating a Private Limited Company is like giving birth to a child, as it requires to take utmost care on time. A private limited Company is the Most Preferred and common type of Entity in India. Two persons come together to incorporate Private Limited Company to do lawful business Transaction switch limited liability. There are various exemptions as Compared to Public Limited Company.
A private limited company is incorporated with the motto to raised funds. In this globalized world, the private limited company grows faster. As 100% FDI is allowed without any approval. In Private Limited Company, liability is limited; it is extended up to the share capital/Guarantee given by its Promoters.
Most of the
start-up and growing Company goes for the private company as it allows to raise
capital very easily, 100% FDI, limits
the liability of the director and shareholder allows employees stock option.
If you Registered Private Limited Company then you can avail benefits under the Start-Up India initiative by the Government of India.
If you want to Register, your Private Limited Company than VS IPR & LEGAL ADVISORS will help you in Company formation and in all the Compliance after Company registration.
ANALYSIS ON PRIVATE LIMITED |
Minimum
Member 2
Maximum
Member 200
Minimum
Director 2
Maximum Director 15
Note it can have more number of Directors only after passing Special
Resolution.
For incorporation of company at least one director must be an Indian resident.
REGISTRATION BENEFITS OF PRIVATE LIMITED COMPANY |
Separate legal entity
Private A limited Company is an artificial person created by law and it is separated by
law from its owner.
Limited Liability
The
liability of the shareholder is limited up to capital contribution in business
in his name and the personal Asset does not get affected by it unlike Sole
proprietor or Partnership Firm.
Easy and Lesser Compliance
Compliance Requirement
as Compare to the Public Company is minimum. As a Private Company has got much exemption under the Companies Act,
2013.
Life Span
Death and the insolvency of any of the members do not affect the continuity of the company.
Thus the life of its members does not affect the company.
Restriction
There is no bar on Private limited Company on its Turnover and share capital as compare to the One Person Company.
DOCUMENTS
REQUIRED FOR PRIVATE LIMITED COMPANY |