Incorporating a Private Limited Company (Pvt. Ltd.) is a fundamental step for entrepreneurs and businesses looking to establish a formal and legally recognized entity in India. The process of Pvt. Ltd. incorporation offers numerous advantages, including limited liability, the ability to raise capital, and the separation of personal and business finances. This package provides complete assistance for incorporating a Private Limited Company with a capital amount of Rs. 100,000.
This service includes filing the Commencement of Business form, a requirement for all companies within 180 days of incorporation. We will assist in setting up a bank account for the company and guide the deposit of the share application amount as per the Memorandum of Association (MOA). Stamp duty fees for issuing share certificates are excluded from this package.
Benefits:
- Legal Recognition: Registering a company formally acknowledges your business as a separate legal entity, offering protection under Indian law.
- Limited Liability Protection: Directors and shareholders are only liable to the extent of their shareholding, protecting personal assets.
- Ability to Raise Capital: Private Limited Companies have access to funding from venture capitalists, private equity firms, and even public funding.
- Business Continuity: Pvt. Ltd. companies enjoy perpetual succession, meaning the company continues to exist even if the owners change.
Advantages:
- Enhanced Credibility: Companies enjoy greater trust and reliability, which can improve partnerships and attract more customers.
- Separation of Finances: Pvt. Ltd. incorporation keeps personal and business finances separate, offering better financial clarity.
- Tax Advantages: Private limited companies enjoy multiple tax benefits and can claim tax exemptions on certain expenses.
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