Private Limited Company
What is a Private Limited Company?
Private Limited Company is one of the important and popular corporate legal entities in India. PLCs are under the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. For business registration into a private limited company, two shareholders and two directors are needed. A single person can be both a director and shareholder, while the corporate legal entity can only be a shareholder. The foreign nationals/corporate entities/NRIs are eligible to be considered as company Directors or Shareholders of a Company. With Foreign Direct Investment, Limited liability protection to shareholders, the feature to raise equity funds, separate legal entity status and everlasting existence make it the most popular business entity for billions of small and medium-sized businesses out there that are owned by family members or are professionally managed.
Register for Private Limited Company at Plan Taxation
If you wish to start your own Private Limited Company you can contact Plan Taxation Experts. The Experts at Plan Taxation will help you get your Company Registered. The PAN Card, Address Proof of the Promoters is needed. A Private Company can be started in around 10 – 15 days. If you have all the necessary documents and wish to get your company registered you can do the same with guidance from one of our experts. Limited Liability is the symbol of being legally responsible only to a limited amount for debts of a company. In a Private Limited Company, the shareholders in respect of the company’s Responsibilities Limited. The Responsibilities of the shareholders of a company is limited only to the value of shares taken up by them. The authorized capital is the maximum value of equity shares that can be registered by a company. In Retrospect, paid-up capital is the number of shares issued privately by the company to shareholders. Authorized capital can be increased after incorporation at any time to issue additional shares to the shareholders. To get your company registered as a private limited company, a minimum of two people is needed to act as directors or shareholders. The directors must be corporate entities while the shareholders can be natural persons or corporate entities. Please note that the registered office address in India is also required for a company to get registered as a Private Limited Company.
On average, Private Limited Companies are registered at Plan Taxation in around 10 to 15 days. The processing time would vary according to its situation based on the time taken by our clients to submit the necessary documents and the time taken in the process from the Government’s end. If a person is 18+ years he/she can become a director in a company irrespective of Citizenship. Every Private Limited Company registered in India must have a registered office where all official communication can be sent by the Ministry of Corporate Affairs, Governmental Agencies or Financial Institutions. The Registered Office of a company can be in any Indian state. The name of the company being registered should be unique. In case any similarity is found in the name of the company then the registration will not be processed.
Why Choose Plan Taxation?
Plan Taxation offers an online platform for all your business solutions. We deliver seamless and reliable services to our customers. Share and submit all your documents online. No need to visit our offices as the entire process can be completed online.
Our team comprises of experienced professionals having a vast knowledge in the industry. For the past decade, we have helped large, medium and small sized businesses in India by providing relevant business solutions.
LOW CONSULTATION RATES
Plan Taxation provides consultation for their customers at most affordable rates. We cannot compromise in the quality of our service hence we have kept the lowest consultation fee for our clients.
Plan Taxation team consists of experienced lawyers, CA, Accountants and Paralegals who have vast knowledge as well as experience in handling customer queries and coming up with best solutions at minimum time.
Plan Taxation believes in transparent costing for its services and our customers are always made aware of all the charges at the beginning of the process and there are no hidden charges.
Quick Customer Support
Plan Taxation has a dedicated customer support team where all your queries can be addressed. You can contact the customer support online or offline according to your convenience.