A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares limits the number of shareholders to 50 and restricts shareholders from publicly trading shares. To start a business, a minimum number of 2 members are instructed and a maximum number of 200 members as per the requirements of the Companies Act, 2013
1. Improves Credibility: Private Company improves credibility by being registered as a corporate entity.
2. Attract Funding: Syndicate both equity and debt funds to have an optimal capital structure
3. Foreign Investment: Businesses may attract foreign direct investment (FDI) under the automatic route.
4. Easy Exit Plan: It has an Exit plan through the sale or dilution of equity of the Company.
5. Limited Liability: It helps in protecting the personal assets of the owners with limited liability protection.
6. Easy Transferability: Ownership of a business can be easily transferred to a company by transferring shares.
PAN Card of shareholders and Directors.Foreign nationals must provide a valid passport.
Aadhar card/Voter ID/Passport/Driving License of Shareholders and Directors.
Latest Telephone Bill/Electricity Bill/Bank Statement /Gas/Water Bill of Shareholders and Directors
Latest Passport size Color photograph of Shareholders and Directors.
Latest Electricity Bill/ Telephone Bill/Water/Gas Bill of the registered office address
If Property is taken on Rent, then rent agreement required. Agreement must be notarized.