Benefits of Private Limited Company Registration in Online


Benefits of Private Limited Company Registration in Online

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Whether you are looking to start a small business or have a large enterprise, you must register your company. The most popular way to do so is by forming a Private Limited Company (Pvt ltd company). It offers many benefits and security for the owners.

Separate Legal Existence: The most important benefit of a registered Private Limited Company Consultant is its distinct legal existence. As an incorporated entity, the Company can enter into contracts and incur debts and own assets under its name. This means that the personal assets of its members are not at risk, even if the Company fails. This also makes it easier to raise funds and secure loans from banks.

Limited Liability: One of the main reasons why entrepreneurs prefer a Pvt Ltd company registration online is that it limits their liability to the amount of shares they own in the Company. In case the Company faces financial difficulties, the personal assets of the shareholders are not at risk and can be used to pay off any debts incurred by the company.

Easy Fund Raising: With a registered Pvt Ltd company, it is much easier to raise funds for your business through IPOs and private equity. Also, a Pvt Ltd company is generally seen as more credible than a partnership firm, making it easier to gain the trust of potential investors and customers.

The procedure for Pvt ltd company registration in Online is a simple and straightforward one. All you need to do is submit the following documents along with your application: DSC and DPIN, MOA, AOA, ID Proof, Passport Size Photographs and Address Verification Documents. After the ROC verifies and approves your incorporation documents, you will receive a Certificate of Incorporation from the MCA. Once you have this, you can open a bank account, obtain business licenses and apply for government schemes.

 

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