Private Limited Registration in Bangalore
The majority of new companies registered in the india are companies limited by shares- Private limited company. This is the standard business structure in india for any business which has been formed with the intention of generating profit for the owners of the business with limited liability.
This structure is popular because it allows the sharing of profits amongst the shareholders and also limited financial liability. The shareholders are only responsible for company debts up to the value of the shares they hold in the company.
Why to go for Private Limited Company?
1. Easy Funding by equity distribution as same is not available in LLP or OPC
2. Easy adding of Co-founder by sharing equity
3. Best platform for Tax planning
4. Best for long term vision of business
5. Easily recognizable
What are the documents required for private limited company registration?
1. PAN card of each Director and Shareholder.
2. Photographs of each Director and shareholder.
3. ID Proof and Address proof of Director and Shareholder.
4. Address proof of registered address of Company
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