Private Limited Company Registration
Mycorporation can guide you through all formalities required to incorporate a private limited company in 14 to 20 days, subject to ROC processing time.
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A private limited company is a type of company that is formed with the association between friends, family or relatives. To form a private limited company, there should be minimum 2 members and the maximum should not cross 200. A private limited company has more flexibility than other forms of entities as the number of shareholders and the amount of capital can be raised as and when need arises.
Its benefits for share holders include limited liability and legal protection. There are also restrictions on the ownership, which will be mentioned on bylaws to put off any hostile takeover. The shares of a private limited company are not traded on public exchanges and there will be no initial public offerings. A shareholder is also prevented from selling the shares without the consent of other shareholders.
Mycorporation can guide you through all formalities required to incorporate a private limited company in 14 to 20 days, subject to ROC processing time.
Digital Signature Certificate (DSC) and Director Identification Number(DIN) is required for the proposed Directors of the Private Limited Company. We can help you obtain them within 5 to 7 days.
A private limited company must submit a minimum of one and a maximum of six proposed names to the MCA for approval. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 5 to 7 working days.
The application for registration needs to be submitted to the MCA along with all documents related to registration. Usually, it takes 5 to 7 days for the approval, subject to the processing time.
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