Pvt Ltd Company Registration
Want to register your company as Pvt Ltd? Here you need to understand something.
What is Pvt Ltd Company Registration
Pvt Ltd company is incorporated under the Companies Act of 2013, and governed by the Ministry of Corporate Affairs (MCA). It is a registered corporate structure, that provides business a separate legal identity from its owners. Hence, providing key advantages like the ability to contract in its own name, and safeguard personal assets of the owners from business liabilities.
Benefits of Pvt Ltd Company Registration
- Pvt. Ltd. Company registration process is strict enough to make this structure credible among others which makes fundraising or borrowing from external sources easier.
- Once the Company registration in India is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. The company can operate on its own name simply by opening a bank account to own assets and enter into contract with parties. This also provides right to sue third parties in case of any defaults.
- The company’s obligation or debts of does not create a charge over the owner’s personal assets. Their liability stays limited only to the capital subscribed and unpaid by them.
We provide quick and affordable service to register a private limited company through 100% online process. Our services are trusted by thousands of businesses in all major cities of India. Pvt Ltd Company Registration is highly preferred by startups.
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