What is a Private Limited Company?
One of the most highly recommended methods for starting a business in India is to establish a private limited company, which provides its shareholders with limited liability while imposing certain ownership restrictions. When it is LLP, the partners will manage it. On the other hand, a private limited company allows for directors and shareholders to be separate entities.
As your dependable legal advisor, Barrister Babu offers a cost-efficient service for registering your company in India. We handle all legal procedures and ensure compliance with the regulations set forth by the Ministry of Corporate Affairs (MCA). Upon successful completion of the private company registration process, we provide you with an Incorporation certificate (CoI), as well as PAN and TAN documents. With these in hand, you can easily establish a current bank account and commence your business operations.
Benefits of Company Registration
Registering a company offers a lot of benefits. A registered company increases the authenticity of your business. It helps your business:
Shield from personal liability and protects from other risks and losses.
Attract more customers.
Procure bank credits and good investment from reliable investors with ease.
Offers liability protection to protect your company’s assets.
Greater capital contribution and greater stability.
Increases the potential to grow big and expand.
How to Register a Company Online – the Registration Process
Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as you have Barrister Babu as our professionals can help you with every step of the private limited company registration process.
- Step 1: Obtain DSC.
- Step 2: Apply for the DIN.
- Step 3: Application for the name availability.
- Step 4: Submission of MoA and AoA to register a Private Limited Company.
- Step 5: Apply for the PAN and TAN of the Company.
- Step 6: RoC issues a Certificate of Incorporation with a PAN and TAN.
