Private Limited Company

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Management Information Systems

Private Limited Company

A private limited company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them.Shares of Private Limited Company cannot be publically traded. Alll the aspects of Private Limited Company is discussed in the article.

Characteristics of Private Limited Company

Documents required

⦁ Share capital amount and proposed ratio for holding shares.
⦁ A short description of the company and the business.
⦁ Name of the city where the registered office of the company is located.
⦁ Ownership and sale deed (In case your own premise).
⦁ Identity proof of the Directors and Shareholders (PAN Card).
⦁ Address proof of the registered office (Electricity bill, telephone bill, etc.)
⦁ Address proof of the Director or the Shareholder (Voter ID, Passport, Driving license, etc.)
⦁ A duplicate copy of the latest electricity bill, telephone bill, or mobile bill for directors.
⦁ Occupation details of directors as well as shareholders.
⦁ Email address of the directors and shareholders.
⦁ Contact details of directors and shareholders.
⦁ Passport size photo of directors and shareholders.
⦁ In case the property is on rent then you need to submit a copy of the rent agreement with No Objection Certificate (NOC) from the landlord.
⦁ Affidavits for non- acceptance.
⦁ NOC for a change in the original subscribers of MOA.
⦁ MoA and the AoA subscriber sheets.
⦁ PAN Card of the company.
⦁ In case you are a foreign national subscriber then you need to provide Nationality proof.