What is a Private Limited Company? How to apply for it?

private limited company

Every person dreams of starting a business but he does not understand where to start, what are the rules for starting a business, where do we have to register for it, etc. information does not reach him. Then he does something due to which he has to pay a fine or closes his company.

To solve all these problems, It has brought a platform through which you can easily grow your business. Our trained team will always help in your business growth. If you are thinking of opening a company, then you can get information related to it once on our website (www.legalraasta.com) or by coming to our office.

Today, through this post, we are going to tell you what is a private limited company ( private limited company list in India ), what are the rules for opening it, what kind of expenses are incurred, where and how can it be opened. Many people dream of opening a company to provide employment to people. Along with this, when they open a company, it is written Private Limited (PVT. LTD).

Actually, whenever you open a website or take the service of a company or use any of their products, you must have seen Private Limited or in its short form Pvt. Ltd. written in front of many companies (Private limited company Registration). But have you ever noticed why only Private Limited is written on the company. What is the meaning of writing it and when can we write it. Come, today we explain it to you in detail.

What are the Private Limited Company in India

A private limited company is a means of opening small industries privately. This private company is opened for personal businesses. Or we can say that a private limited company is a company which is not public but is a private company of a person or a few persons. This company is not listed in the stock market or share market. That is, it is owned by only a few people.

The number of shareholders and employees working in this company is fixed. Also, no other person can open that company in the name of a private limited company and those people establish a monopoly over it. Nowadays new companies are opening very fast in India. Everyone is getting it registered as PVT. LTD to take their company forward. If in such a situation you are also confused about how to open a private company.

Where will you get information about it? So that you can open the company in a correct and safe manner, then It is a very good platform for this. You can get information about private limited companies by coming to the office of It . Along with this, It  has been helping people to develop their business in India for a long time. Want to get a private companies database choose 77 Data, which is one of the best database provider companies in India.

Benefits of Private Limited Company

Free company registration in India If we look at the private limited company, there are many benefits. The biggest advantage in this is that the government also always encourages such companies to move forward. Also, such companies start with very little investment. Its liability is very limited.

You can easily get a loan from any bank to open such a company. In a private limited company, 100% foreign direct investment is allowed, that is, any foreign institution or foreign person can directly invest in a private limited company. The company has got a separate identity in the eyes of the law. In a way, that company has become valid.

Documents required to get private limited registration

For company registration, a PAN card copy of the proposed directors of the company will be required. Along with this, a residence certificate is necessary.

Registered Office Proof: Apart from providing the identity, address and residential address for the directors, proof must be provided to validate the registered office address of the company.

Registered document of title of the premises of the registered office in the name of the company; A copy of rent paid receipt along with a notarized copy of the lease/rent agreement in the name of the company which is not older than one month; Proof of any utility service such as telephone, gas, electricity etc.

Donna

As the editor of the blog, She curate insightful content that sparks curiosity and fosters learning. With a passion for storytelling and a keen eye for detail, she strive to bring diverse perspectives and engaging narratives to readers, ensuring every piece informs, inspires, and enriches.