Private Limited Company

Setting up a Private Limited Company is a highly recommended means to start a business in India. This offers limited liability for its shareholders with specific restrictions placed on the ownership. In Private Limited Company registration, directors may be different from shareholders.

At MKDA serve businesses across the entire spectrum of Company Registrations in India, be it small or large organizations. From Incorporation to ROC Compliance, we have got you covered.

• Minimum of two shareholders and two directors required.
• Shareholders and directors can be the same individual.
• Foreign nationals and NRIs can be directors.
• It is mandatory for the directors must have a Digital Signature Certificate (DSC).
• Maximum 3 directors are allowed in the initial time of Incorporation.
• Minimum Paid-up and Authorized capital
  • Paid-up capital: The actual amount of shares is issued by the company to its shareholders. It depends on the authorized capital of the firm.
  • Authorized capital: The maximum amount of shares which the company can issue to increase the authorized capital. This requires approval from the shareholder and the payment of a fee to the government.

• Separate Legal Entity: A Pvt ltd company is a legal entity different from that of its members.
• Uninterrupted existence: A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be, in fact, irrespective of the changes in membership.
• Limited Liability: A company is limited by shares; the Liability of the members on winding-up is limited to the amount unpaid on their shares.
• Free & Easy transferability of shares.
• Owning Property: A company being a juristic person, can acquire, own, enjoy and alienate property in its name. The shareholders are not the owners of the company’s property. The company itself is the valid owner.
• Capacity to sue and be sued: A company, an independent legal entity, can sue and be sued in its name.
• Dual Relationship: A person at the same time be a shareholder, creditor, director, and also an employee of the company.
• Borrowing Capacity: A company enjoys better avenues for borrowing funds. It can issue debentures, secured and unsecured, and accept deposits from the public, etc.

• Obtaining Director Identification Number (DIN) & Digital Signature
• Applying for the name
• Drafting of MOA (Memorandum of Association)
• Drafting of AOA (Articles of Association)
• Spice+ (PLUS)
• Application for PAN of the company
• Application for TAN of the company

It takes ten days to complete the Private Limited Company registration process, and the private limited company registration costs Rs. 9449 (all-inclusive-Government Fees, Professional fees, MOA and AOA, PAN and TAN ).

We at MKDA provide end-to-end business registration services in Bangalore. We assure you of quality services in a professional manner and within the prescribed time. If you are looking for company registration, let our team of experts help you.