Benefits of Private Limited Company Registration in Online


Benefits of Private Limited Company Registration in Online India

"Call Our Business Plan Experts at +91-72999-72500"

Company registration brings various benefits to the owner / partner, it increases credibility of business and makes it easier for them to raise funds from outside sources and loans from banks. It also allows them to file government tenders. In addition, the company has a separate legal existence that means they have a distinct identity unlike proprietorship concerns and partnership firms.

One of the main reasons for private limited company registration is that it offers the benefit of limited liability. In case of any business crisis, the personal assets of directors and shareholders are protected as they are only liable for the amount of money they have invested in the company. It is also easy to transfer the shares of a private limited company as opposed to an LLP and other companies where the ownership is restricted.

Another advantage of a private limited company is that it can be opened in any state. The process of setting up a private limited company in India is fast and hassle-free. The process of company registration in India is also relatively inexpensive when compared to other countries. There are many online portals that offer assistance with company registration for a small fee.

While registering a company, it is essential to submit the required documents such as the Memorandum of Association, Articles of Association, and Declaration, PAN card and Aadhaar number of all directors. Moreover, it is essential to visit the ROC office to complete the legal documentation. FilingPoint Consultants provides all the legal services to set up a private limited company including ROC visits and completing all the mandatory paperwork.

 

Tel:+917299972500

info@filingpoint.com

Comments

Post a Comment

Popular posts from this blog

Top Mistakes to Avoid When Registering Your Software Company

Image
Call our experts for Software Company Registration Consultants at +91 72999 72500 Introduction: Starting a software company can be an exciting venture, but navigating the legal requirements can be daunting. Registering your company correctly is crucial to avoid costly mistakes down the road. In partnership with FilingPoint, a leading company registration service, we bring you a guide to the top mistakes to avoid when registering your software company.   Top Mistakes to Avoid When Registering Your Software Company   1. Choosing the Wrong Business Structure: Selecting the right business structure—whether it's a sole proprietorship, partnership or corporation is crucial. Each structure has different tax implications, legal protections, and operational requirements. Consult with professionals to determine which structure best suits your company's needs.   2. Incomplete or Incorrect Documentation: Submitting incomplete or inaccurate documents can delay the r...
Read more

What is LLP and How Does it Differ from Other Business Structures?

Image
  Call our filingpoint experts at +91 72999 72500 or visit https://filingpoint.com What is an LLP? An LLP is a business structure that provides members or partners with limited liability protections. It is most commonly used by professional service businesses such as ð IT Companies ð Retail Company ð Manufacturing Company Or other business services are ð Partnership ð Proprietorship ð Sole Proprietorship etc.… The LLP is similar to the general partnership, but with additional protections for the partners. Filingpoint will provide consultants for starting an LLP. Explore our comprehensive guide at FilingPoint.   How does it differ from Other Business Structures?    Typically, the percentage of ownership and responsibilities for running the business are clearly defined in a written partnership agreement. This allows partners to be flexible with how they manage the LLP and gives them the ability to add or remove members . Like Pr...
Read more

The Advantages of Forming an LLP for Your Startup

Image
  Call our filingpoint experts at +91 72999 72500 or visit https://filingpoint.com What is LLP?      A Limited Liability Partnership (LLP) is a business structure that combines the features of a partnership and a corporation, offering limited liability protection to its partners while allowing them to actively manage the business's operations . Filingpoint will provide consultants for starting and advantages of an LLP. Explore our comprehensive guide and advantages at FilingPoint .   The Advantages of Forming an LLP for Your Startup Ø The type of business structure you choose is one of the most significant decisions you will make when starting a new company. It has implications for ownership and control, asset protection, costs and taxation. While no entity is right for every situation.   Ø One of the primary advantages to forming an LLP is the liability protection it provides for partners. By separating the personal assets of e...
Read more