Title: Dobiz India
1DoBiz India is an Online Company registration
which helps you to register, form and incorporate
your own company, whether a Private company or
Public Company or Limited liability partnership
or an OPC.
2Private Limited Company Registration
- Private Limited Company is the most preferred
format of company registration by most of the
entrepreneurs in India. Because of the
flexibility in decision making, easy access to
the banks for loans and approach towards
investors to raise funds without much
restrictions, made Private Limited Company a most
successful business structure in India.
3Documents required for company registration
Scanned copy of the following documents has to be
provided by the promoters of the company
- PAN card copy with Self attestation.
- Voter Id copy or Passport copy or Aadhar card
copy or Driving license copy with self
attestation. - Latest Bank account statement or Mobile
/Telephone bill or Electricity Bill (not older
than two months)- no need for self attestation. - Latest passport size photo in jpeg.
- For the registered office proof of the company,
if the property is rented/ leased, then copy or
rental agreement or lease agreement. - Copy of Electricity bill or Property Tax receipt
or Water Tax receipt not older than two months. - Copy of No objection certificate from the owner
of the property. - If owned property, copy of Sale Deed and
Electricity bill is sufficient. - In case of NRI or Foreign national, Passport copy
has to be notarized at the Indian Embassy of the
particular country. - Utility bill has to be provided of the particular
country where the NRI or Foreign national resides
and it should be notarized.
4MEMBERS
DIRECTORS
- A Private Limited Company required at least two
members in order to register, both the members
can be a Director cum Shareholder of the company.
A Private Limited Company can have up to 200
person as members as per the Companies Act, 2013.
- In a Private Limited Company there should be
minimum two(2) Directors required. To become a
Director, DIN (Director Identification Number)
has to be obtained. Any one of the Directors must
be a Resident of India, who has stayed at least
182 days in the previous calendar year.
NAME OF YOUR COMPANY
REGISTERED OFFICE PROOF
- Naming your company is the crucial part, a
company name has two parts Prefix and a Suffix.
Prefix must be unique and different, while Suffix
should reflect the business nature of your
company. To find your name availability, kindly
check with Ministry of Corporate Affairs.
- When registering a company, should have a valid
address to proof. If you are in Bangalore and you
have proper address proof in Pune, then you can
register your company in Pune and start your
Business operations from Bangalore. This Private
Limited Company registration is valid all over
India and also valid for your lifetime. No need
of renewal of registration is required.
5Advantages of Private Limited Company Registration
- Private Ltd. has the Limited Liability
- It means that if the company experience financial
distress because of normal business activity, the
personal assets of shareholders will not be at
risk of being seized by creditors. - Attract Funding
- Funding is essential for starting, maintaining,
and growing a business. Today small businesses
are being out-competed by larger businesses.
Hence, it is essential for all businesses to grow
quickly, and have the ability to attract funding
from any source. Thus, a private limited company
is the ideal type of business entity for growing
businesses. - Improve Business Credibility
- Today customers, vendors and investors look for
credibility in the businesses they deal with. In
starting a private limited company, the
information relating to the company, such as name
of the company, date of incorporation, registered
office address, status of the company, and other
information are made available in a publicly
searchable database. This feature makes it easy
to authenticate the existence of the business,
improving business credibility. - Continuity of existence
- Business not affected by the status of the owner.
The best part of continuity of existence is that
a company will continue to exist, no matter how
many directors, officers and shareholders join or
leave.
6Advantages of Private Limited Company Registration
- Minimum number of shareholders
- Required to start the business are only 2. Can be
raised as the maximum number of shareholders
allowed is 200. - Scope of expansion
- In Private Limited Company the scope of expansion
is higher because easy to raise capital from
financial institutions and the advantage of
limited liability. - Brand Value
- Companys brand value will get increased because
people come to know about the company very well.
Private Limited Companies offer reliability or
trustworthiness to businesses in financial
institutions, suppliers and potential clients. As
it makes easier for companies to receive loans at
suitable terms from convincing potential clients
or banks while making and finalizing deals, these
companies are trusted more than other forms of
business. - Valuation
- Since the share price reflects the companys
financial healthiness it would become easy to
arrive at a price in case of mergers and
acquisitions. - An Exit Plan
- Private limited companies offer the best type of
exit strategy for all promoters. Only shares of a
company can be sold or transferred in part or
whole to another entity easily without any
hassles, while the business remains a going
concern. Therefore, starting a private limited
company provides a tremendous edge in planning
and executing a business exit plan.
7Contact US AddressDoBiz IndiaR. Sowmiya
Narayanan(Chief Executive Officer)No- 2/33, 2nd
Cross Street CIT Nagar, Chennai - 600035, Tamil
Nadu, India
Call Us 91-8046083328
Mobile 91-8015502888 91-9840098886