Company Registration

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Company Registration

In India private limited company is the most widespread and famous type of corporate legal entity. The registration of the private limited company is regulated by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014. At least two shareholders and two directors are needed in order to register a private limited company. A corporate legal entity can only be a shareholder, whereas a natural person can be both a director and shareholder. Moreover, foreign corporate entities, foreign nationals or NRIs is authorized to be directors and/or shareholders of a company with Foreign Direct Investment, making it the preferable option of entity for foreign developers.
The private limited company includes some unique features like ability to raise equity funds, limited liability protection for shareholders, perpetual existence and separate legal entity status make it the most suggested types of business entity for millions of small and medium sized businesses that are family owned or professionally managed.

Documents Required for Company Registration

Frequently Asked Questions (FAQs)

Ans:-The application must be submitted online to the department portal in the specified format along with the appropriate documents.

Ans:-The relevant documents needed for company registration are pan card & aadhaar card of directors, conveyance deed, passport size photos of directors, or rent agreement, utility bills, etc. along with the prescribed documents which can be made with the help of a professional.

Ans:-There are several types of business entities in India such as sole proprietorship, co-operative Societies, partnership firms, companies, etc. The selection of appropriate business framework for any specific business depends on factors like availability of capital resources, ownership, the scale of business, etc.

Ans:-The minimum requirement of directors for a one person company is of one member & nominee.