Private Limited Company is one of the highly recommended mode to start a business in India. Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. Private Limited Company can be formed with a minimum of two members and a maximum of 200 members. Private limited must also have minimum of 2 directors which can extend up to 15. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters. This type of company offers limited liability for its shareholders with certain restrictions placed on the ownership. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. However, their shares do not trade on public exchanges and are not issued through an initial public offering. Shareholders may not be able to sell their shares without the consent of the other shareholders.
A Certificate of Incorporation (CoI), along with PAN and TAN can be received post approval of the company registration process. You can officially open a current bank account with the Certificate of Incorporation and begin your business operations.
Amplus is, a leading legal consultant in Pune, offers quick Company Registration service in Pune, India. Amplus can help you register all types of Companies and Startups. The average time taken to complete company formation is about 6 - 8 working days, subject to government processing time and client document submission. Get a free consultation for private limited company registration and business startups before and after the registration of Company. Amplus will take care of all legal compliance of your business under one roof by Amplus expert CA/CS/CMA/Advocates.
Registering a private limited company in Pune, India has many benefits. With the registering private Company, enhance goodwill into market as a legal corporate entity. It will create a brand, trust, credibility and genuineness.
The Private Limited Company Registration process is completely online, so you don't even have to leave your home to get your entity registered. At Amplus, we complete the Company Registration online within 6-8 working days.
This type of organization in characterized by the fact that ownership and management is separate. The capital of the Company is provided by a group of people called shareholder who entrust the management of the Company in the hands of person known as Board of Directors. These are closely held businesses usually by family, friends and relatives. Private companies may issue stock and can have maximum of 200 shareholders. However, their shares do not trade on public exchanges and are not issued through an initial public offering.
It is an unique Identification Number allotted to an individual who is an existing director of a company or intends to be appointed as director of a company pursuant to section 153 & 154 of the Companies Act, 2013. Every individual, intending to be appointed as a director of the company, can file an application for allotment of DIN. Central Government (Office of Regional Director (Northern Region), Ministry of Corporate Affairs) will allot the DIN.
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally. Physical documents are signed manually, similarly, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.
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