Accounting Services

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Private Limited Company Registration-Beginners
Guide to Start a New Business in India
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If you are planning to start a new venture or you
are a Foreign Company who wants business
expansion in India, it might not be that easy.
Various regulatory and legal issues need to be
resolved to set up and grow a new business in
India. As a business, there are multiple options
available for you to set up business and we will
be discussing the Private Ltd Company
registration details and benefits.
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Now, what is Private Limited Company
registration? A Private Limited Company is
basically a registered company that is mostly a
voluntary community. The term "Limited" indicates
that the shareholders of the company are not
liable to any debts of the company. Any of their
personal assets should not be used to pay the
debt of the company. Benefits of the
registration Let's turn the page now. What are
the benefits a company can obtain on getting such
a certification? The first and foremost that the
Private Limited Company registration allows is to
get loans with minimum compliances. The loans can
be taken from open market or financial
institutions including banks at the inception of
your business. As you have just started and the
volume of the company might be still negligible,
getting such registration will surely help.
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Most of the prospective clients often look for
such registered businesses to enter into
contracts or business relationships. It helps
build trust among the potential clients and
suppliers.. Thus, it enables to set up your new
business in India, thereby supporting the
business growth. Companies in India are
registered with the Registrar of Companies (ROC)
under Companies Act 2013. The details of the
company can be checked by anyone on the Ministry
of Corporate Affairs (MCA) website without paying
any fees. Also, details of all the directors are
provided while the formation of the company.
Since all the details are public, it makes this
form of company reliable for investors and
public.   Concluding Check out the companies who
can quickly help your start-up to get registered
and helps you set up your business legally and
permanently.