Introduction
When one plans to start a private limited company, what they come across is the perk of having limited liability, legal independence, and access to multiple tax benefits in India. Comes under the Companies Act 2013, a Private Ltd company requires a DSC, DIN, and documents like ID and address proof. The SPICe+ form helps in combining the application for the approval of name, incorporation, PAN, TAN, and GST. Once it gets approved by the RoC , one will receive a certificate of incorporation, allowing the company to operate legally, own assets, and sign contracts. Companies' tasks, like annual returns and financial reporting, are mandatory post-registration.
Brandnoder streamlines this comprehensive and complex process for you by providing an all-inclusive end-to-end support for private limited company registration, legal documentation, and regular compliance. Our team of seasoned experts make sure every step is handle with efficiency and accurately, while maintaining complete transparency in pricing with no hidden costs.
What is a Private Limited Company Really?
A private limited company is one that has a separate legal entity registered under the Companies Act, 2013, offering limited liability protection to its members. It restricts the transfer of shares, requires a registered office address, and is ideal for start ups and SMEs seeking credibility, funding, and control.
Companies Act 2013
As per Section 2(68) of the Companies Act, 2013, a private limited company is a company which have a minimum paid-up share capital as may be prescribed and which, with its association:
- (a) Restricts the right to transfer its shares
- (b) Limits the number of its members to 200, and
- (c) Prohibits any invitation to the public to subscribe for any securities of the company.