Get the best service of Private Limited Company Registration in Bangalore. Through online process, we provide 100% quicker and eminent service for private limited company registration. We are trusted by thousands of business holders of bangalore in Silk board, Yeshwanthpur, Bommanahalli, Hosur, Kr puram, Electronic city, Domlur and Shanti Nagar. In Bangalore, private limited company registration is highly preferred by startups. The private limited company is registered under the act of 2013 and governed by the Ministry of Corporate Affairs (MCA).
Private Ltd Company provides the business a legal identity from its owners and it is a corporate structure. It provides certain advantages like ability to contract in its own name, formation of business liabilities, safeguarding the personal assets of the owner, etc.
The registration of private limited company is little complicated when compare to other form of registrations. The procedure for registration may create difficulty and may involve multiple compliances. So, our solubilis corporate service professionals helps the patrons to solve all the complicated processes as soon as possible.
Private Limited Company is a separate legal entity. Private limited companies have perpetual succession with limited liability i.e. the liability of the shareholders /Members of the company is limited only to the value of shares paid up by them.
Solubilis is the best service provider; we take 5-7 days to register the private limited company.
1. Certificate of Incorporation along with PAN and TAN Number
2. Memorandum of Association
3. Articles of Associations
Foreign nationals and Non Residential Indians (NRI’s) can register Private limited Company. Subject to foreign direct investment norms (Approval or Automatic route) set by RBI
No, LLP cannot be converted to a Private Limited Company as it is not permissible by the government of India. Both the LLP Act, 2008 and the Companies Act,2013 are silent about the matter and haven't done any amendments on the same. However, if you want to expand your business you can register a Private Limited Company with INC-29 which has simplified the process of registration.
Yes, a salaried person becomes the director in private limited company, there are no legal bondages in this, but you have to go through with your employment agreement if it contains any restrictions on doing so.
Authorised capital is the maximum amount of equity shares that can be issued by a company. Paid up capital is the amount of shares issued by the company to shareholders / Members. There is no prescribed minimum limit of authorised and paid up capital required in order to start a private limited company. Authorised capital can be increased to any limit even after incorporation of company and Paid up capital is the value of shares allotted to the shareholders / members.
Normally registration of private limited takes 7-10 working days. But the processing time varies subject to the provision of documents by client and the time taken by government for approval.
There are two types of a private limited company:
Private company limited by guarantee, which is a company without shares but is guaranteed by the members who agree to pay a fixed amount of capital in the event of the company liquidation.
Private company limited by shares, herein the company has shareholders with limited liability and its shares are not generally offered to Private.
GST is not mandatory for private limited provided the turnover in a year should be within 40 lakhs in case of manufacturers and traders, 20 Lakhs in case of service providers and No existence of interstate sale i.e. Sale between state to state.
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