Private Limited Company Registration
Ideal for start-ups going for funding & growing business
Starting At Rs. 5,999
(Takes 10-20 days)
Company Registration Online
Procedure For Company Registration
Registering a Company is quick, easy, and can be done online with Legalraahi in 5 simple steps:
What is Private limited company?
Private Limited Company registration is the most well-known legal structure choice for organizations in India. A private limited company can have at least two members and a limit of fifty members. The executives of a private limited company have limited liability to creditors. During a case of default, banks/creditors can just sell the company’s benefits however not close to home resources of directors. If you would like to start an organization in India, at that point ensure your organization/company is enrolled as a Company Registration that should be your first priority. It is very essential to enroll your company as a registered company has different advantages from easy to register to easy to dissolve.
Start-ups and developing organizations incline toward private limited company because it permits outside funding to be raised easily, limits the liabilities of its investors, and empowers them to offer employee investment opportunities to pull in top ability.
Private Limited Company Registration should be possible through Legalraahi (company registration specialist) in Delhi NCR, Bengaluru, Mumbai, Chennai, and other Indian cities. If you would like to register your own company then you can totally depend on Legalraahi (company registration services provider). We will assist you with company formation procedure and new company formations procedure.
Private Limited Company Benefits
- It is adaptable and has limited liability
- More capital contribution and greater strength
- Possibility to grow big and expand
Advantages Of Private Limited Company?
There are different reasons to settle a private limited company:
- Favored by banks, VCs, and investors.
- Simple to distribute and redistribute shares to investors or different directors.
- The separate legal entity which restrains your liability.
- It offers the adaptability of a partnership firm and the benefits of a Public Ltd Company.
- Simple to enlist, manage, and run.
- Simple to dissolve or wind-up.
Eligibility For LLP Registration
Minimum 2 Shareholders
Minimum 2 Directors are required
Minimum 1 Lac Share Capital
DPIN for all the Directors
At least one Designated partner should be an Indian Resident
Concerns Related To Private Limited Company
- Pvt. Ltd company requires a few more ROC compliance translating into an additional cost of 5000 to 10000/annum.
- The minimum capital required is Rs.100,000.
- A private limited company can have a maximum of 200 members.
Still, entrepreneurs prefer privately limited for the ease in share transfer and potential for future growth.
Factors To Consider In Company Name Selection
The name of your company is significant. It is the primary impression of your purchasers, providers, and partners. It should hence be important, suggestive, and attractive. There are different factors that you should remember while naming for your company.
Short & Simple
The name should be concise and not be too long. People should be able to pronounce it easily and they should be able to remember your company’s name the first time they hear or read it.
The name of your company should be associated with your business. It should fit the company’s branding. For instance, Infosys alludes to data framework or IT advancements
The name of your company should not be the same or just like to an existing company or trademark. You can go to search.legalraahi.com to check if your company name is indistinguishable to others. You ought to ideally avoid plural version e.g., “Flipkart’s” or changing simply letter Case, dispersing, or punctuation marks in a current company name.
The name of your organization should end with the suffix “Private Ltd” during a case of a Private limited company and “LLP” may be a case of a limited liability partnership.
Should not be illegal / offensive
The name of your company should not be against law. It should not be damaging or against the traditions and convictions of any religion.