privately held company

A privately held company represents a business structure with ownership restricted to a limited number of shareholders. This particular format offers numerous advantages, contributing to its widespread preference among entrepreneurs and investors. This piece will explore the advantages associated with registering a private limited company in India.

To initiate the online registration process for a private limited company, you must furnish pertinent documents through the MCA portal and adhere to the subsequent procedural steps to complete the online registration of your company.

Private Limited Company Registration Benefits

However, the online registration process for a company necessitates the creation of various documents, which may pose a technical challenge for some users. Seeking assistance from professionals who can manage all aspects of the company registration process effortlessly comes highly recommended. For a nominal fee, our team of experts is available to handle the entire registration process on your behalf. If you are interested in availing professional assistance for your online company registration, feel free to reach out to us. Our dedicated team ensures a streamlined registration process, typically completing it within 7–10 working days.

Benefits of Private Limited Company Registration Online

Limited Liability
  1. Limited Liability:

A key advantage of a private limited company lies in its concept of limited liability. This ensures a clear separation between the personal assets of shareholders and the assets of the company. In instances of financial challenges or bankruptcy, shareholders are not personally liable for the company’s debts beyond their initial investment.

Enhanced Credibility

2. Enhanced Credibility:

Private limited companies carry a higher level of credibility compared to other business structures like sole proprietorships or partnerships. This heightened credibility is attributed to the company’s adherence to specific legal requirements and the regular filing of financial statements with the government, making it more attractive to investors and customers.

Tax Benefits

3. Tax Benefits:

Private limited companies enjoy various tax benefits, including lower tax rates, exemptions, and deductions. These advantages result in significant cost savings, allowing the company to allocate more resources to growth and expansion initiatives.

Perpetual Existence

4. Perpetual Existence:

A notable feature of private limited companies is their perpetual existence. The departure or entry of shareholders does not impact the company’s ongoing operations. Even if a member passes away or leaves the company, its functionality remains unaffected, embodying the idea that while members may come and go, the company endures.

Easy Transferability of Ownership

5. Easy Transferability of Ownership:

Private limited companies facilitate the straightforward transfer of ownership. Shares can be sold or transferred to another party without disrupting the company’s operations or structural integrity. This streamlined process provides shareholders with ease of exit when desired.

Limited Compliance Requirements

6. Limited Compliance Requirements:

Private limited companies impose fewer compliance requirements compared to other business structures. This reduced regulatory burden simplifies the setup and operation of businesses, allowing entrepreneurs to focus on running their enterprises without navigating intricate legal and regulatory complexities.

Get your Private Limited Company Registered with Auriga Accounting

Get your Private Limited Company Registered with Auriga Accounting

Our dedicated in-house team of professionals is well-equipped to seamlessly handle all the necessary procedures and checks involved in registering your private limited company online. We will efficiently manage all required documentation and the time-consuming aspects of the online registration process on your behalf.

To initiate the process, simply fill out the “Contact Us” form, and one of our experienced executives will reach out to you promptly. We guarantee hassle-free company registration within 7–10 working days. Our competitive fee for this service starts at just Rs 4,999. Please note that the fee may vary based on the state, taking into account the charges imposed by the State corporate authority.