Where Is the Best Company Registration?

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Company Registration
The Private Limited Company Registration is the
most popular structure for starting a business in
India.
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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.
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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.

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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
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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.

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