Private Limited Company Registration in Chennai
Earnlogic excels in offering affordable and finely executed Private Limited Company registration in Chennai. Our reputed firm extends services across various Chennai locations like Sreeperumpudur, Guduvanjeri, Siruseri, Manali, Tambaram, Chengalpattu, and Vichoor. This registration structure provides legal protection and limited liability to shareholders, allowing registration with a minimum of two individuals. Within a private limited company, one person can fulfil roles as both director and shareholder. Liability is confined to the number of shares, and private companies cannot publicly offer shares. However, they have the right to issue debentures to multiple individuals.
Choosing Earnlogic for Online Private Limited Company registration in Chennai is an optimal market choice. These companies can secure loans easily but have limitations on share transfers. Shares can only be transferred among existing members as per the pre-emption clause. If existing members decline, shares may be sold externally, as stated in the company articles. The director determines share prices, often outlined by a formula in the articles. Ownership in private companies is linked to share capital, distinctly separated from management. Private Limited Company registration in Chennai holds significance for banking and financial institutions, drawing attention due to its structure, making it a preferred choice for entrepreneurs.
Documents required for Private limited company registration
Private limited company registration documents includes,
For identity proof:
- PAN card
- Passport
- Driving license
- Voter ID card
- Aadhar card
For address proof:
- Bank passbook
- Water bill
- Property tax receipt
- Include a recent photo for verification purposes.
The above listed documents are necessary for Pvt ltd company registration online in Chennai.
Steps for private limited company registration
- Submit the name application using the web form.
- Choose Spice+.
- Select "New application."
- Specify the company type.
- Click on the class of the company.
- Choose the category and sub-category.
- Provide proposed name details.
- Complete Part B.
- Apply for PAN and TAN.
- Receive a confirmation upon successful submission.
These are the steps involved in online pvt ltd company registration in Chennai.