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Start Private Limited Company Private Limited Company Private Limited Company
A Private Limited Company (Ltd) is a business structure where the liability of shareholders is limited to the amount they have invested, protecting their personal assets. It is a separate legal entity from its owners, meaning it can enter into contracts, own property, and be liable independently. Ownership is divided into shares, which are not publicly traded, and there are often restrictions on transferring these shares. Typically, it is managed by directors, and while it must comply with regulatory requirements, it has fewer obligations than a public company. This structure is popular for small to medium-sized businesses due to its flexibility and protection of personal assets.
Company Registration Process
1.Obtain DSC
Each director needs a digital signature certificate to electronically sign registration documents.
3.Name Reservation
Submit preferred company names to the MCA for approval, ensuring they are unique and not already registered.
4.Prepare Documents
Draft and finalize the MOA (defining company purpose) and AOA (governing rules).
5.File Incorporation Application
Submit all required documents, including the MOA, AOA, director details, and registered office address through the MCA portal.
7.Certificate of Incorporation
Upon successful verification, the RoC will issue a Certificate of Incorporation signifying the company’s legal existence.