Benefits Of Getting Private Limited Company Registration in Madurai
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Private Limited Company Registration
Private limited company is a company which is private or personally held small business. Private company itself defines that these are companies which have liability and is extremely personal. The liability of its members/shareholders are limited to their capital/amount of shares held by them. There are quite common words related to Private Limited like Directors, DIN Number, Digital Signature Certificate, Members/Shareholders, Paid up Share Capital, Authorized Share Capital, Registered Office, MoA-AoA etc.
Private companies are registered with MCA under the state jurisdictional ROC. However, now the companies & their name approval for each state is handled by a Special Central Registration Center which is manesar, Haryana India. The whole process of latest company registration is online-no physical documents or visit in registrar office for registering company like Solubilis Corporate Services.
The company can be registered from anywhere in India as per the Companies Act, 2013. But an individual meaning to register a company himself, cannot register. This process requires plenty of documentation, drafting of documents and certification by professionals like CA, CS and CMA in whole time practice. It is not a simple online form like other registration that a person can do so, here be Solubilis Corporate Services is a team of professionals with same fields have expertise of company registration in Madurai with more than 600+ company.
Advantages Of Getting Private company Registration
Registering with a private limited company is that the best option start your business in India. Private company registration offers numerous advantages and it gives your business, a legal identity which is extremely important for each form of business whether it’s small or big. To get multiple advantages and simple to register and manage your organization with private Ltd. registration.
Benefits of getting private company registration
Here are some of the main benefits of private limited company registration: Limited liability Partnership Registration in India, Ease in transfer ability, Better credibility, Supports business growth, Separate legal existence. The company can continue its existence, even after the death of any or all directors or shareholder.
Limited liability
Every business often must borrow money, during a partnership firm, partners are personally liable for all the debt raised. But, after registering with private company, there’s no personal loss, only the quantity of starting business are going to be lost.
Easy debt access
A private limited registered company has wide options for taking debts. Banks provide loans which are easy to obtain and issuing debentures are always available to it. So, after registering your business with a private company, you’ll easily borrow loans from banks with additional facilities.
Owning property
A director of private company can enjoy and own property in its name. No shareholder can stake a claim on the property of the company as long because the company is that the going concern. So, register your business with a private company and obtain a owning property of the business.
Easy transferability
The owner of the business can easily transfer the shares to the shareholders. To transfer shares, you would like to file transfer form and therefore the share certificate is required. In a private Ltd. , the approval of the shareholder is required to affect share transfers.
So, these are the advantages of getting private company registration. If you’re a little business owner and needs to register your business with a private company, then you’ll approach Solubilis Corporate Services. Solubilis Corporate Services is a number one service provider of one person company registration, private limited company registration, GST registration and Trademark Registration in Madurai. So, you’ll approach Solubilis Corporate Services to urge private company registration in Madurai during a very quick and straightforward way.
Documents required for the registration of private company
Here is that the list of documents you’ll require for the company registration process:
- PAN card
- Address proof
- Identity proof of all the directors
- Rental Agreement (in case of rented place) No Objection Certificate (NOC) from the owner
- Copy of any utility bill Bank statement
- Photographs of all the persons who want to be directors.