Private Limited Company
A private limited company is a common business structure in many countries, and it offers limited liability protection to its shareholders, which means their personal assets are generally protected in the event of the company's financial difficulties.
Steps for Private Limited Company Registration
Registering a private limited company in India involves several steps and compliance with the rules and regulations set forth by the Ministry of Corporate Affairs (MCA). Here's a general listing of the process:
- Choose a Business Name
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC)
- Memorandum and Articles of Association
- Obtain Name Approval
- Incorporation Application
- Pay Registration Fees
- Certificate of Incorporation
- PAN and TAN Application
- Bank Account and GST Registration
- Compliance and Reporting
- Meeting and Resolutions
Please note that the specific requirements and procedures for registering a private limited company in India can change over time and may vary based on your specific circumstances. It's advisable to consult with a legal or business advisor like Online Legal Aid India to ensure that you are following the correct steps and complying with all legal requirements.