Registration of Private Limited Company in Delhi

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PRIVATE LIMITED COMPANY
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WHAT IS A PRIVATE LIMITED COMPANY ?

• A private limited company is a company where two
  or more people come together and form a business.
• In a private limited company there has to be
  minimum 2 directors maximum number of directors
  can be 15.
• It prohibits the transfer of shares.
• The shareholders are considered to be the owners
  of the company since they invest money in the
  company.
• Compliances are less stringent than compliances
  of public limited company.

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ADVANTAGES OF PRIVATE COMPANY

• A private limited company is a separate legal
  entity.
• It has limited financial liability of all the
  shareholders.
• Private companies remains in existence, even
  after the owner dies or leaves the business.
• Minimum requirement of shareholders or directors
  is 2 only.
• There can be 200 members, it makes easier to
  raise capital funds.
• Their corporate taxes are lower than other type
  of business.
• A person can act as a shareholder, a director
  an employee at the same time.

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BENEFITS OF PRIVATE COMPANY OVER LLP OPC
BASIS PRIVATE COMPANY LLP OPC
Funding source Easy to raise with the help of 200 members Require investors to be partners Cannot accommodate additional shareholders
Foreign ownership Requires automatic approval Requires approval of RBI FIPB Director nominee cannot be foreigners
Business activity Can do many activities Only specific activity Can do many activity
Penalty Less penalty Higher penalty Less penalty
Recognisation Old concept New concept New concept
Management Efficient with the help of 15 directors Flexible management Inefficient as only one director
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REQUIRED DOCUMENTS

• Any Identity proof of proposed directors -
• PAN card (mandatory)
• Voter card
• Driving license
• Passport
• Photograph of proposed directors
• Address proof of directors -
• Any utility bill not older than 2 months
  (electricity bill, water bill, landline bill,
  mobile bill etc.)
• Bank statement
• Rent agreement or lease deed (if rented)
• Proof of proposed registered address -
• Conveyance
• lease deed or rent agreement(if rented)
• Rent receipt
• Any utility bill not older than 2 months
  (electricity bill, water bill, landline bill,
  mobile bill etc.)
• NOC from legal owner of property
• Additional requirements -
• Email Id
• Contact no.

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INCORPORATION OF PRIVATE LIMITED COMPANY
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NAME GUIDELINES
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PLANS OR PRICING
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• THANK
• YOU