Company Registration in Chennai
For the registration and regulation of a company registration in chennai , the application should be submitted with the Ministry of Corporate Affairs or the MCA. It is simple to register a company with Chennai Filings since everything is done online. A minimum of two persons must act as shareholders and directors in order to form a business in Chennai.
Document of Company Registration
1. All of the company's directors and shareholders must provide proof of identification and this can basically include the PAN Card or Aadhar card or Driving license or Passport.
2. All of the company's directors and shareholders must provide a proper proof of address which can include, latest telephone bill or electricity bill or bank account statement.
3. Tenancy or the rental agreement, as well as a letter or NOC from the landlord which is approving the use of the office as the company's registered office should also be provided for the registration of the Private Limited Company in Chennai.
4. All directors must have a DIN which is the Director Identification Number and this is mandatory.
5. They should also have a DSC or the Digital Signature Certificate taken in their names.
Benefits of Registration Company
1. Legal Entity
2. Raising Capital
3. Lower risk to Owners Personal Assets
4. Possibility of Perpetual Succession
5. Reliability and Trustworthiness
Advantages of Company Registration
1.The officially registered private limited company enhances the credibility of your business.
2. It protects the owners from other risks and losses and helps from personal liability
3. Attracts more customers
4. Ease in getting bank credits or loans
5. Provides limited liability to maintain and develop your company and its assets
6. More attractive stability and greater funds supplement
7. Increase the potential to develop big and expand
Registration of Private Companies in India will boost the advancement of startups and offer an additional edge over those who have not registered. The Ministry of Corporate Affairs regulates the method of the register new company in chennai procedure with perfectly framed rules and regulations as per the law.
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The characteristics of a private limited companyMembersIn order to start a company, a minimum of 2 members and a maximum of 200 members are require as per the provisions of the Companies Act, 2013.Limited Liability-The liability of each member or shareholders is limited.
This means that if a company incurs a loss under any circumstances, its shareholders are liable to sell their own assets for payment.
The personal, personal property of shareholders is not at risk.Permanent succession –Death, bankruptcy, bankruptcy of any of its members is also in the eyes of the company law.
This leads to a lasting legacy of the company.
The life of the company lasts forever.Index of Members –A private company is privileged over a public company as they are not required to keep an index of its members while a public company is require to maintain an index of its members.
Private Limited Company RegistrationA Private Ltd. may be a small business that's maintained privately, it's one among the highly recommended businesses in India especially for startups.
The registration of the private limited company is governed by The Companies Act 2013 in India.According to the businesses Act, 2013, a minimum of two shareholders is required to start a personal company, while a maximum of 200 members.
In case a private limited company undergoes any financial risk, the personal assets of members or shareholders are not subject to sell, i.e.
The suggested director must be 18 or crossed 18 years of age.
The proposed director of a personal Ltd. in India also can be a far off nationalNo minimum paid-up capital investment is required for the Private limited Company Registration in Chennai.
after their company nameA Private limited Company Registration Online is a never-ending business as it can hold its existence even after the death or bankruptcy or failure of its Members.This type of company does not have any relationship with the public is not allowed to ask for any validatory from the public or from any of the public sectors.
