Private limited company registration in Bangalore
Now Private limited company registration in Bangalore is easy at an affordable cost. In the hi tech Bengaluru city, we Smartauditor have been chosen as the best consultant among many business industrialist. Our reputed firm has now extended its wings in various places of the city namely Thaverekere, Indira Nagar, M.G.Road, Koramangala, Malleshwaram and Richmond Town. We have group of experts who follow the process from the beginning till the end. Pvt ltd company- the most suitable form for the entrepreneurs and it is privately held for small business. The most important aspect of private limited company is, it has limited liability. It means that the liability is limited to the shares and the personal assets are not touched.
The Private limited company is registered through Registrar of Companies under Companies Act 2013. Until the private limited company is legally dissolved, it has perpetual succession. When registered, it has credibility and fund raising is easier. Private limited company registration in Bangalore is done so that it stands as separate legal entity in the eyes of the law. In this type of company, the ownership and the management are different. The company can function on its own simply by opening the bank account. It also can enter into contract. It has the right to sue the third parties in case of mis - happenings.
The private limited company is well structured and as less strings are attached; investors are very keen to invest in the private limited companies. When start-ups register themselves as private limited company, confidence is attached and so the people are drawn towards the company. Hence the human resource is attracted. Such registration is done through Smartauditor’s Private limited company registration service in Bangalore with very less documentation and cost. It requires minimum two shareholders and minimum two directors. One of the directors should be an Indian resident. And also the director and the shareholder can be the same person.
What are the documents to register a private limited company?
- Identity proof
- Bank passbook
- PAN card of the applicant
- Water bill
- Property tax receipt
- Address proof
- Driving license
- Voter Id card
- Aadhar card
Benefits of Private limited company registration
- Free and easy transfer of shares
- FDI is allowed
- There is no minimum capital
- It builds up the credibility
- Liability is limited to the shares.