Simple Process to Company Registration in India - PowerPoint PPT Presentation

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Simple Process to Company Registration in India

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To register a company is a very quick and simple process. It simplifies the process of staring the business and company incorporation in India. Private Limited Company Formation in India or Public Limited, it has advantages that make people choose it over the other types. – PowerPoint PPT presentation

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Title: Simple Process to Company Registration in India


1
Company Registration
The Private Limited Company Registration is the
most popular structure for starting a business in
India.
Get Started Now - 4999
2
Know About Company Registration
A private limited company (PLC) in India is a
privately held business enterprise owned by
individual people or other companies. The
formation regulations and registration of the PLC
is governed by the Companies Act, 2013 and the
Companies Incorporation Rules, 2014.
3
There Are Three Distinct Types of Private Limited
Companies
  1. Company Limited by Shares - the liability of the
    shareholder is limited to the nominal amount of
    his shares, as mentioned in the MoA.
  2. Company Limited by Guarantee the liability of
    the shareholder is limited to the amount of
    liability undertaken by each member as per the
    MoA.
  3. Unlimited Company the liability of each member
    in such type of PLC extends to the entire value
    of the companys debts and liabilities.

4
Minimum Requirements for Company Registration
For the registration of a private limited company
following requirements are to be met There has
to be at least two shareholders and Minimum two
directors
5
Features of Company Registration
  • The distinctive attributes of a private limited
    company is the limited liability protection to
    the shareholders and raising equity funds.
  • A private limited company is considered as a
    separate legal entity under the companies act.
    Therefore, hiring an employee, opening a bank
    account, taking on equity can be exercised under
    the companys name.
  • A private company will work without a break in
    continuity until it is legally closed or
    dismissed. So, company as being the separate
    legal entity it will be unaltered by the death
    or other departure of the companys employee.
  • The ownership of a company can be easily
    transferred by the consent of other shareholders
    and by fulfilling the other legal requirements.
  • Private limited companies have the borrowing
    capacities that is, it can deal in shares,
    debentures and accept deposits with RBIs
    approval. Banks and other financial entities
    provide funding to these companies as well.
  • Private limited company registration is
    considered as a virtual human identity in that
    case it can own a property on its name. The
    property can be any building, machines, property
    etc. And the biggest advantage of this, is the no
    claim by the shareholder on these.

6
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