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Dobiz India

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Private Limited Company is the most preferred format of company registration by most of the entrepreneurs in India. – PowerPoint PPT presentation

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Title: Dobiz India


1
DoBiz India is an Online Company registration
which helps you to register, form and incorporate
your own company, whether a Private company or
Public Company or Limited liability partnership
or an OPC.
2
Private Limited Company Registration
  • Private Limited Company is the most preferred
    format of company registration by most of the
    entrepreneurs in India. Because of the
    flexibility in decision making, easy access to
    the banks for loans and approach towards
    investors to raise funds without much
    restrictions, made Private Limited Company a most
    successful business structure in India.

3
Documents required for company registration
Scanned copy of the following documents has to be
provided by the promoters of the company
  • PAN card copy with Self attestation.
  • Voter Id copy or Passport copy or Aadhar card
    copy or Driving license copy with self
    attestation.
  • Latest Bank account statement or Mobile
    /Telephone bill or Electricity Bill (not older
    than two months)- no need for self attestation.
  • Latest passport size photo in jpeg.
  • For the registered office proof of the company,
    if the property is rented/ leased, then copy or
    rental agreement or lease agreement.
  • Copy of Electricity bill or Property Tax receipt
    or Water Tax receipt not older than two months.
  • Copy of No objection certificate from the owner
    of the property.
  • If owned property, copy of Sale Deed and
    Electricity bill is sufficient.
  • In case of NRI or Foreign national, Passport copy
    has to be notarized at the Indian Embassy of the
    particular country.
  • Utility bill has to be provided of the particular
    country where the NRI or Foreign national resides
    and it should be notarized.

4
MEMBERS
DIRECTORS
  • A Private Limited Company required at least two
    members in order to register, both the members
    can be a Director cum Shareholder of the company.
    A Private Limited Company can have up to 200
    person as members as per the Companies Act, 2013.
  • In a Private Limited Company there should be
    minimum two(2) Directors required. To become a
    Director, DIN (Director Identification Number)
    has to be obtained. Any one of the Directors must
    be a Resident of India, who has stayed at least
    182 days in the previous calendar year.

NAME OF YOUR COMPANY
REGISTERED OFFICE PROOF
  • Naming your company is the crucial part, a
    company name has two parts Prefix and a Suffix.
    Prefix must be unique and different, while Suffix
    should reflect the business nature of your
    company. To find your name availability, kindly
    check with Ministry of Corporate Affairs.
  • When registering a company, should have a valid
    address to proof. If you are in Bangalore and you
    have proper address proof in Pune, then you can
    register your company in Pune and start your
    Business operations from Bangalore. This Private
    Limited Company registration is valid all over
    India and also valid for your lifetime. No need
    of renewal of registration is required.

5
Advantages of Private Limited Company Registration
  • Private Ltd. has the Limited Liability
  • It means that if the company experience financial
    distress because of normal business activity, the
    personal assets of shareholders will not be at
    risk of being seized by creditors.
  • Attract Funding
  • Funding is essential for starting, maintaining,
    and growing a business. Today small businesses
    are being out-competed by larger businesses.
    Hence, it is essential for all businesses to grow
    quickly, and have the ability to attract funding
    from any source. Thus, a private limited company
    is the ideal type of business entity for growing
    businesses.
  • Improve Business Credibility
  • Today customers, vendors and investors look for
    credibility in the businesses they deal with. In
    starting a private limited company, the
    information relating to the company, such as name
    of the company, date of incorporation, registered
    office address, status of the company, and other
    information are made available in a publicly
    searchable database. This feature makes it easy
    to authenticate the existence of the business,
    improving business credibility.
  • Continuity of existence
  • Business not affected by the status of the owner.
    The best part of continuity of existence is that
    a company will continue to exist, no matter how
    many directors, officers and shareholders join or
    leave.

6
Advantages of Private Limited Company Registration
  • Minimum number of shareholders
  • Required to start the business are only 2. Can be
    raised as the maximum number of shareholders
    allowed is 200.
  • Scope of expansion
  • In Private Limited Company the scope of expansion
    is higher because easy to raise capital from
    financial institutions and the advantage of
    limited liability.
  • Brand Value
  • Companys brand value will get increased because
    people come to know about the company very well.
    Private Limited Companies offer reliability or
    trustworthiness to businesses in financial
    institutions, suppliers and potential clients. As
    it makes easier for companies to receive loans at
    suitable terms from convincing potential clients
    or banks while making and finalizing deals, these
    companies are trusted more than other forms of
    business.
  • Valuation
  • Since the share price reflects the companys
    financial healthiness it would become easy to
    arrive at a price in case of mergers and
    acquisitions.
  • An Exit Plan
  • Private limited companies offer the best type of
    exit strategy for all promoters. Only shares of a
    company can be sold or transferred in part or
    whole to another entity easily without any
    hassles, while the business remains a going
    concern. Therefore, starting a private limited
    company provides a tremendous edge in planning
    and executing a business exit plan.

7
Contact US AddressDoBiz IndiaR. Sowmiya
Narayanan(Chief Executive Officer)No- 2/33, 2nd
Cross Street CIT Nagar, Chennai - 600035, Tamil
Nadu, India
Call Us 91-8046083328
Mobile  91-8015502888  91-9840098886
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