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Private Limited Company, being the most popular legal business structure, mostly preferred by anyone with a long-term business aspirations and goals. A Private limited company, one of the most credible and reliable structure, can be incorporated with minimum 2 shareholders and 2 directors. It can have maximum number of 15 directors and maximum number of 200 shareholders. Member/Shareholder of a private limited company have limited liability towards its creditors. Personal assets of a Shareholder/ Directors cannot be attached by banks / creditors in case of a default and any recovery can be made by selling of company’s assets only.

Doing business in a Private Limited Company structure helps in raising funds from venture capitalists and it is mostly preferred by Tech companies and startups. Private Limited Company enjoys lower tax burden as compared to LLP and Partnership Firms. We, A Z R Consulting assist and help Company Registration in India in all major cities including New Delhi Noida Gurugram etc.

Private Limited Company

Private Limited Company

Private Limited Company, with limited liability and greater stability, is the most popular format of Business in India. As Private Limited Company functions and works in regulated environment, has garnered more trustworthiness and goodwill as compared to Partnership and Proprietorship format of business.

Private Limited Company gives smooth, seamless and simpler options to its stakeholders at every stage of business cycle. It’s easy to form, simple to run and manage a Private Limited Company. It also gives its owners enough flexibility and tranquility for smooth transfer of ownership anytime. It’s painless and uncomplicated to allocate and redistribute shares to investors or other directors. Private Limited Company tender’s flexibility of a partnership firm and advantages of a Public Limited Company. To dissolve or wind-up a Private Limited Company is manageable.

Benefits of Company Registration

Why register for Private Limited Company

Enhanced Business Creditability and image in Market

The corporate business gets more steadiness, believability and convey their commitments to the audience more easily than unincorporated companies.

More investors are attracted

The benefits of an easy exit from the Pvt. Ltd Companies due to its easy business structure and less string attached criteria, more investors show their interest in investing with PVT companies.

Employees get easily attracted

With the legally registered company, there are more chances to build a team of employees. The employees get easily motivated to join the company with the privately limited structure as well as working on their corporate posts

Perpetual Succession

The Company is formed on going concern basis and it keeps existing legally even in the case of death, insolvency, bankruptcy of any of its members. It is called perpetual succession of the company

Separate Legal Entity

Private Limited Company is a legal entity and an artificial juristic person established under Companies Act 2013 and take seperate identity different from its owners . Private Limited Company can acquire, own, enjoy and alienate property in its own name and can also incur debts.

Easy to Sell or Transfer of Company

The operational control of the Private Limited Company can easily be transferred with less documentation. The transfer of the Proprietorship is done privately and no internal issues are raised during the sale

Limited liability and Safety of Personal Assets

The liability of each Stakeholders or member or shareholders of a Private Limited Company is limited to investment in and accumulated profit of business. Thus, when business incurres loss, then only assests of the Company can be used to pay off the the debts and other liabilites towards Creditors, Employees, Lenders and Goverment agencies . only investments in business are lost and safety of the personal assets of directors is sustained unlike of partnership firm and Proprietorship Firm.

Ease in arranging finance and Borrowings

Private Limited Company enjoys better avenues on borrowing of money and raising of fund from Domestic and International avenues. Even the banking and financial institutions gives more privilege in lending funds to Companies in comparison to partnership firms or proprietary concerns in comparison to Partnership Firms and Proprietorship concerns.

Minimum Requirement for Private Limited company registration

Minimum 2 Shareholders

Minimum 2 directors

Director Identification Number (DIN) for all the Directors is a must.

Digital Signature Certificate (DSC) for all Directors

At least one Indian resident Director and Member

Process of Private Limited Company Registration

PLC Registration Document Requirement

How we work

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Easily Register a private limited company with AZR consulting

Private limited company is the most beneficial corporate entity among various kind of businesses in India because of many  advantages. AZR consulting make your private limited company registration really easy and fast within one week

Register a Private Limited Company

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    FAQ

     No, it is not necessary for a private limited company to have any previous turnover. Private Limited actually means a company starting from nothing. Also, it is not necessary to have any turnover or sales even after the incorporation.

    The most essential documents which are needed to register a company is PAN Card, one address proof and Photographs of all the directors.

    The total investment done by the shareholder to the company is called the Capital.

    No, it is not necessary to be done by the owner. AZR provides the complete facility of online Incorporation process where the visits are done by the AZR consultants each time at ROC.

    The company name is the most essential part of the registration to generate a unique name given to the company. Particulars of Company name are

    ROCs are the government offices where companies get registered. There is only one office for each state except Maharashtra and Tamil Nadu which have two offices.

    Yes, just like office address the company name can also be changed after the registration. AZR also offers this less tiring facility to you.

    No, it is not necessary to have commercial office space. Instead, you can register your own home address and rented home address as the registered office address. You can change the registered office address later after the positioning to your own office space.

    • Keyword = name of the business
    • Activity Word= type of business
    •  Business Type word= Types of incorporation such as PVT. Ltd. Or LLP

    No, the bank account is needed to be open after the registration of the company at any time within two months of incorporation and then the capital is to be deposited in the bank.

    No, there is no possible automatic applicability. The Provident Fund (PF), Service Tax or VAT laws are equally applicable to all sort of business whether it is sole proprietorship or partnership firm. After crossing a certain threshold limit, these laws are applicable.

    No, there isn’t any criteria for renewing the company registration every year. This process happens only at once during the life-time of the Company.

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