Private Limited company registration in vadapalani

Call our Private Limited Company Registration Expert +91 72999 72500

The Filingpoint Private Limited Company Registration in Vadapalani is the preferred business structure because it provides a number of benefits such as limited liability, seperate legal entity, ability to buy assets in own name, open bank accounts anywhere, do business and enjoy governemnt startup subsidies and certain tax benefits. It is advisable to go for PLC formation as early as possible so that you can take advantage of the government incentives. The process of registering a PLC involves the following steps:

1. Obtain class 3 online digital signature certificates (DSC) for all directors of the proposed company.

2. Draft a MOA(Memorandum of Association) and an AOA(Articles of Association).

The drafts are prepared as per the guidelines provided by the Ministry of Corporate Affairs and submitted along with the requisite forms to the ROC. It is important to follow the strict legal guidelines in order to avoid any delays.

3. Apply for DIN (Directors Identification Number).

The process of applying for DIN is relatively simple and can be done online through the Registrar of Companies website. The applicant should submit the required documents, a fee and a copy of their Aadhaar card.

4. Obtain an approval from the ROC (Registrar of Companies).

Once the application and documents are submitted and approved, the ROC will issue a Certificate of Incorporation.

A PLC can raise money from the public by issuing shares and accepting deposits. This allows the company to expand its operations and grow. It is also easier for a PLC to get loans from banks and financial institutions. In addition, a registered PLC is seen as more credible and trustworthy in the eyes of potential customers, suppliers and investors.

Contact Filing point Company Registration Expert +91 72999 72500