-- Virtual Auditor Private Limited is pleased to announce that a limited private company is a beneficial process for many businesses of all types. Private limited company registration is the first step in a corporate journey. Private limited is a structure where the liability in case of a loss is limited to the capital invested. This is a benefit which is not available in proprietary businesses where the owner has unlimited liability. This is the most preferred route for start-up companies, as fundraising allocates shares to investors. Angel investors and venture capitalists prefer a private limited company structure.
Companies Act 2013 governs the registration of wholly owned subsidiary registered by Foreign Company as private limited companies which lays down the procedure for registering and managing a company and its affairs. The Ministry of Corporate Affairs through www.mca.gov.in (which is its E-Portal) manages the compliance under the Companies Act. All company formation related formalities must be done through this e portal.
A spokesperson for the firm explained, "Our website defines the steps which are involved in the registration of your company. We provide intricate details about company registration and its procedures. We detail the documents which are required, both for Indian Directors and Shareholders, as well as for Foreign Directors and Shareholders. Once all of the documents are ready, the registration forms are presented to the ROC Centralised Registration Center. Within two to three working days, a Certificate of Incorporation will be issued."
There are several significant advantages of a private limited company. These include limited liability, a separate legal entity in the eyes of the law, and investment readiness. A private limited firm has more options for taking on debt. A PLC can raise equity funds in India. In addition, companies can issue equity shares, preference shares, debentures and accept the deposits. In addition, the ownership of a business can be very easily transferred.
Location details are available at https://virtualauditor.in
Contact Info:
Name: Viswanathan
Email: Send Email
Organization: Virtual Auditor Private Limited
Address: G 131 Phase III Spencer Plaza, Anna Salai Chennai 600002
Phone: +91 9962287333
Website: https://virtualauditor.in/private-limited-company-registration
Release ID: 502241
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