Incorporation of Private Limited Company
Private Limited Company is a corporate legal entity in India governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. The process of incorporation has been simplified to a one day procedure. This type of entity is very famous among startups.
A private company can be registered with a minimum of two directors and two shareholders (Maximum 200). Both can be same in case of a natural person. A corporate legal entity can be a shareholder but not a director. There is a provision for foreign nationals, NRI’s to become a shareholder and director with some specific condition.
Features:
Separate legal entity
Limited Liability
Perpetual Succession
Easy transferability of ownership
Fund Raising
*Taxed @ 30% plus cess
For incorporation related queries contact at auindiacs@gmail.com and watch out our video on incorporation.
No comments:
Post a Comment