When it comes to private limited company registration in Chennai, there are a lot of things that need to be considered. You want to make sure that the process is as smooth and stress-free as possible so that you can focus on running your business. At My Legal Clinic, we understand what it takes to get your private limited company registered quickly and efficiently. We have years of experience in this field and are here to help you every step of the way.
A private limited company is a type of business entity that is registered with the Registrar of Companies. It is a separate legal entity from its owners, and has limited liability. This means that the shareholders are not liable for the debts of the company. A private limited company must have at least two shareholders and a maximum of fifty.
The first step in private limited company registration in Chennai is to obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN). DSC is required for the incorporation of the company and for filing e-forms with the Registrar of Companies. DIN can be obtained by applying to the Ministry of Corporate Affairs.
The next step is to file the e-form INC-32 with the Registrar of Companies, along with the required documents. These include the Memorandum of Association (MoA) and Articles of Association (AoA), DSCs, DINs, and proof of identity and address. The AoA and MoA need to be notarised.
After the e-form is filed, the Registrar of Companies will issue a Certificate of Incorporation. This document is proof that your private limited company has been registered and is now a legal entity.
One of the main benefits of private limited company registration in Chennai is that it gives the business a separate legal identity from its owners. This means that the shareholders are not liable for the debts of the company. Another benefit is that a private limited company can raise money more easily than other types of businesses, by selling shares to investors. This is because private limited companies are seen as being more stable and trustworthy than sole proprietorships or partnerships.
My Legal Clinic can help you with all aspects of private limited company registration in Chennai, from obtaining the required documents to filing the e-forms with the Registrar of Companies. We have a team of experienced and knowledgeable professionals who will guide you through the process and answer any questions you may have. Contact us today to get started.