-Entrepreneurs who want to raise Seed or Venture Capital.
-Entrepreneurs who want to create a Separate Legal Entity with Limited Liability and Perpetual Succession.
-Entrepreneurs who want to issue ESOP's to their employees.
7-10 working days from the time we receive the required documents.This time can increase or decrease depending on the time taken by the Registrar of Companies (ROC) to process the forms. Note: We use SPICe forms for Incorporating your Company.
Click here to Download the List of Documents required for the Formation of your Private Limited Company. Basic documents of the Shareholders, Directors and the Registered Office like PAN Cards, Address Proofs, Electricity Bill etc. are required.
The Cost to form a Private Limited Company is Rs 12,355. Click here to calculate the Cost according to your Capital and State. This Cost includes Professional Fees, Government & ROC Fees,Stamp Duty, 2DINs,2 Digital Signatures, PAN and TAN.
Ease of raising Seed and Venture Capital: -
If you’re planning on raising Seed or Venture Capital then only a Private Limited Company makes sense for you. Angels, Seed Funds or Venture Capitalists only fund a Private Limited Company .
Limited Liability: -
The liability of the shareholders of a Private Limited Company is Limited to their Shareholding. Thus, if the Private Limited Company makes a Loss, shareholders won’t have to pay the Loss beyond their Unpaid Share Capital.
Separate Legal Entity: -
A Private Limited Company is separate and distinct from its Shareholders and Directors. It can buy and sell property, enter into contracts, sue or be sued upon in its own name. The death, insanity, incapacity or insolvency of its shareholders and/or directors does not affect the existence or business of the Company in any way.
Perpetual Existence: -
Once formed, a Private Limited Company has a life-time existence until and unless it is liquidated.
A good way to reward and retain talent-ESOP’s: -
The success of a business depends on the quality of the team or the talent behind it. It is very necessary for businesses to retain and attract talent. A Private Limited Company can issue ESOP’s or Sweat Equity Shares (as it is commonly referred to) to deserving employees in order to retain and reward them. This is not possible if business is registered as a Proprietorship, Partnership or LLP.