Get Your Business on Board, Contact Us For Private Limited Company Registration (1)

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IMPORTANT POINTS TO CONSIDER BEFORE PVT LTD
COMPANY REGISTRATION
DRIVING SUCCESS THROUGH LEGAL PILLERS SOLUTIONS
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AGENDA
ALSO KNOW ABOUT ANNUAL COMPLIANCE OF PVT LTD
COMPANY.
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ABOUT PRIVATE LIMITED COMPANY
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NECESSARY REQUIREMENTS FOR A PRIVATE LIMITED
COMPANY REGISTRATION
FREQUENTLY ASKED QUESTIONS
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WHY CHOOSE A PRIVATE LIMITED COMPANY?
CONCLUSION
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ABOUT PRIVATE LIMITED COMPANY
If you're considering starting a business in
India, setting up a Private Limited Company (Pvt
Ltd) could be an excellent choice. Here's a
step-by-step guide to help you navigate through
the private limited company registration
process. A Private Limited Company is a legal
entity that's privately held. It offers limited
liability protection to its shareholders and is a
popular choice due to its distinct legal entity
separate from its owners.
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NECESSARY REQUIREMENTS FOR A PRIVATE LIMITED
COMPANY REGISTRATION
1. Choosing a Unique Name aligning with the rules
set by the Ministry of Corporate Affairs
(MCA). 2. A minimum of two directors are
required. 3. At least two shareholders are
needed. 4. Obtaining DSCs for the directors is
the first step, crucial for filing documents
electronically. 5. Each director must obtain a
unique DIN from the MCA. 6. Submit an application
for the proposed company name to the MCA. Once
approved, it's reserved for 20 days. 7. Prepare
the Memorandum of Association (MOA) and Articles
of Association (AOA), outlining company
objectives, bylaws, and shareholder
information. 8. Submit the required documents,
including the MOA, AOA, and company incorporation
forms, to the MCA. 9. Upon successful
verification, the MCA issues a Certificate of
Incorporation, confirming the formation of your
company. 10. Apply for Permanent Account Number
(PAN) and Tax Deduction and Collection Account
Number (TAN) with the Income Tax Department. 11.
Open a company bank account and deposit the
minimum share capital as per the requirements.
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WHY CHOOSE A PRIVATE LIMITED COMPANY?
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3.
? Limited Liability Your personal assets are
protected from business liabilities. ?
Credibility Enhances the credibility and
reliability of your business. ? Easy Funding
Attracts investors and enables equity funding.
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ALSO KNOW ABOUT ANNUAL COMPLIANCE OF PVT LTD
COMPANY.
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HOLDING BOARD MEETINGS
APPOINTMENT OF AUDITOR
FILING OF FORM MBP-1
FILING OF MGT-7/7A
A Private Limited Company in India must conduct
its initial Board Meeting within 30 days of
incorporation and subsequently hold at least four
Board meetings each financial year. These
meetings are crucial for decision-making and
ensuring corporate governance.
Directors disclosures are necessary. Form MBP-1
necessitates the declaration of interests in
other entities or businesses. This is a mandatory
disclosure to ensure transparency in directorial
responsibilities.
The appointment of the first Auditor within 30
days of incorporation is essential. This Auditor
remains in office until the conclusion of the
Annual General Meeting (AGM).
Annual Returns in Form MGT-7 and filings are
essential obligations. Timely submission within
deadlines prevents you from paying heavy
penalties.
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ALSO KNOW ABOUT ANNUAL COMPLIANCE OF PVT LTD
COMPANY.
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FILING OF INCOME TAX RETURN
LEGAL PILLER'S EDGE OVER COMPETITORS
FILING OF AOC-4
FILING OF DIR-3 KYC
DIR-3 KYC is a mandatory compliance requirement
by the Indian government for all directors of
companies registered in India. It's an annual
filing that ensures updated information and
verification of details of directors associated
with companies registered in India.
Filing Income Tax Returns involves detailed
reporting of financial data, including the
balance sheet and profit-loss statements.
Legal Pillers stands out due to its unique
qualities and services, providing an unparalleled
advantage to private limited company in india
Financial Statements in the form AOC-4 are filed
to pay heavy penalties.
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FREQUENTLY ASKED QUESTIONS
1. What is ROC Annual Compliance? ROC Annual
Compliance involves a set of mandatory tasks
outlined in the Companies Act 2013, that Pvt Ltd
companies in India must follow. These include
filing annual returns, maintaining financial
records, holding board meetings, appointing
auditors, and more.
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FREQUENTLY ASKED QUESTIONS
2. Why is Private Limited Company
Registration? Pvt Ltd Company compliances ensure
transparency, proper governance, and legal
compliance for your company. Adherence to these
obligations can lead to penalties and legal
issues.
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FREQUENTLY ASKED QUESTIONS
3. What are Pvt Ltd Company compliances? Annual
Return Filing Submission of annual returns to
the Registrar of Companies. Financial Statements
Filing Sharing financial details like balance
sheets and profit-loss accounts. Board Meetings
Conducting regular meetings to make vital
decisions. Auditor Appointment Appointing and
maintaining auditors. Director Disclosures
Directors must disclose their interests in other
companies. Income Tax Filing Filing the
company's income tax return. Directors' KYC
Updating director details annually.
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FREQUENTLY ASKED QUESTIONS
4. How can Legal Pillers help in Pvt Ltd Company
compliances? At Legal Pillers, we specialize in
ensuring that your Pvt Ltd company sails through
these compliances smoothly through our Expertise
and Experience to guide you at every step.
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SATISFIED CUSTOMERS
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CONCLUSION
Registering a Private Limited Company involves
several steps, but the legal protection and
credibility it offers can be invaluable for your
business's growth and stability in the long
run. For professional assistance and expert
guidance throughout the Pvt Ltd registration
process, consult Legal Pillers reliable Chartered
Accountants and experts specialized in company
registration in India.
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LET'S WORK TOGETHER
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