A private limited company, or LTD, is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 200 or fewer shareholders, and shares are prohibited from being publicly traded. A company becomes an independent legal structure when it incorporates. The Minimum two members and directors are the main requirements for registering a Private Ltd Co. in India.
Limited liability protection to shareholders, ability to raise equity funds, separate legal entity status make it the most recommended type of business entity for millions of small and medium-sized businesses that are family owned or professionally managed.
Minimum requirement of a Private Limited Company registration in Mumbai:
- It should have a minimum of two directors and two shareholders.
- There is no initial capital requirement to start a company like this.
Advantages of registering a business as a Pvt Ltd Co in Mumbai:
- There is No Minimum Capital Requirement in the company
- The members have Limited Liability
- To the Private Limited Company tax benefits are given under income tax Act 1961.
- It is flexible
- It is a Separate Legal entity
- FDI allowed via automatic and government route
- It is a different ‘person’ from the members who compose it
- Easy to get seed funding / Investment in Mumbai
- Mumbai is a hub of businesses and starting a Private Limited Company in Mumbai will never fail.
Why Ebizfiling as your service provider for Private Limited Company registration in Mumbai?
Ebizfiling is a group of intellectuals. The entire team of Ebizfiling consists of Highly qualified CA, CS, Lawyers and business administrators. Ebizfiling would be a one stop destination for your Private Limited Company registration in Mumbai because we provide number of services which are required not only for starting a business but also for running the business successfully without any default or mistakes. We provide services like Start up advisory, Secraterial compliance services, Private Limited Company registration services, PAN / TAN application, DIN registration, GST registration, Trademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on 09643203209 or email firstname.lastname@example.org for free consultation and to know more about the services provided by us.