Benefits of Private Limited Company Registration in Online
Benefits of Private Limited Company Registration in Online
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A private limited company is a type of corporate entity that can be owned by a maximum of 200 members. It has a separate legal identity and can raise funds through shares to grow its business. Its liability is limited to its assets, so the personal assets of its members are not at risk if the company becomes insolvent. It is also easier to transfer ownership of a private limited company than it is for a partnership firm.
It is a popular choice for start-ups, as it offers a number of benefits to its shareholders. A private limited company Consultant can register for GST, which can help it to streamline its business processes and improve its bottom line. It can also apply for government tenders and enjoy tax exemptions.
The process of registering a private limited company can be completed in just a few days by an expert. The documents required for the procedure include a DSC, DIN (Director Identification Number), subscribers to file MOA and AOA, and application for reserving name. FilingPoint Consultants provides all the legal services to set up a private limited company including ROC visits and completing all the mandatory paperwork.Once the documents are submitted, the company will receive its incorporation certificate and TAN (Tax Allocation Number) within a week. Afterward, the company can open its bank account and begin operations.
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