The foremost important thing before you start up your own business in Indiato incorporate your company as private or public limited. If the shareholder's limits are from two to seven then it can be incorporated as a private limited company,or else it can be incorporated as a public limited company if a number of shareholders exceed seven. A private limited company has the advantage of all partnership firm like flexibility, diversified abilities and a greater capital combination of different and diversified abilities. and also the private limited company can be converted to an LLP,but it comes up with the limited liability of members.
Procedure to incorporate private limited company are
Obtaining DSC for proposed director
Obtaining DIN for the proposed director
Obtaining name approval from the MCA.
Registration of Company Name Selection: we check your company name must be availablein the MCA Portalor not. The chosen company name must be unique andthat match with the business you proposed to do, at least 4 names you need to apply for approval with a write up about significance of names with main business of the company
CompanyIncorporation: After completing all the above formalities, Solubilis will file the incorporation documents such INC9,INC 10, DIR 2, AOA AND MOA with client approval and company incorporation certificate will be handled to the applicant.
Private Limited Company ought to be the favoured decision of business if you are planning to raise fund. New businesses and developing organisations enroll an organisation in India since it permits funding to be raised effortlessly.we Solubilis corporate services register your private limited company within 10-12 business days.
. If a company wants them to be established worldwide,then the private limited company is the best choice which allows 100% Foreign direct investment.Identifications of the private limited company are possible by knowing their name, or a number of members,shares,formation,management ,direction and meeting.In an article of association ,the number of directors was mentioned.