Private Limited Company Registration in Chennai
Private limited company registration in Chennai is now simple through Smart auditor who provides unique services with decade of experience in the corporate sector. We have extended our services in Tambaram, West mambalam, Anna nagar, Vandalur, Valasaravakkam, Pallavaram and OMR. We are the leading business consultant in Chennai and we strictly follow the updated procedures and rules of the government. Our motto is to satisfy the applicants through our eminent registration services and also we provide 100% quick and smart service.
A company is a type of business entity in a private ownership that is used in many jurisdictions. Usually, private limited company is for a small scale business and it is registered under the act of 2013 -Governed by the Ministry of Corporate Affairs (MCA). Private limited companies have certain advantages like ability to contract in its own name, forms business liabilities and safeguards the personal assets of the owner. Private limited company registration has some complications when compared with other form of business entity. Private limited company can enjoy the limited liability and the membership of a company is minimum two and maximum 200. The requirement of directors is two and the registration of private limited company may take 15-20 days.
Documents required for private limited company
- PAN Card of Shareholders and Directors
- Shareholder’s and Director’s Aadhar card and Voter ID/ Passport/ Driving License Latest Telephone Bill /Electricity Bill and Bank Account Statement of Shareholders and Director.
- Shareholder’s and Director’s Latest Passport size photograph
- Latest Electricity Bill or Telephone Bill of Registered office address.
- No Objection Certificate
- Registered office rent Agreement
- In case of NRI or Foreign National, documents of director (s) must be notarized or apostille
Benefits of private limited company
- Personal asset of Directors have Limited liability Protection
- In the market it gains better credibility
- Score level of trust is high
- Easy to get funds and Loans
- It is a favourite business structure for investors
- Easy to attract Employees
- No Minimum Capital
- Separate Legal Entity
- Shares will be Free and can be easily transferred
- FDI can be Allowed
- Uninterrupted existence
- Can be converted into a LLP company