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Overview of Private limited Company Registration in Bangalore

Private Limited Company is one of the most popular types of business structures. This entity is required to have at least two directors and members. What's more, unlike other entities, if there are defaults in a Private Limited Company, crediting organisations such as banks or creditors can only sell the company's assets. This means the director's assets are safe and his or her liability is limited.

Eligibility to form Private Limited Company

Number of Directors- Minimum 2 and Maximum 15.

Number of shareholders- Minimum 2 and maximum 200. However, one person can act as both director and shareholder.

Citizenship- At least one director should hold Indian Citizenship.

Minimum Authorized Share Capital Rs. 100,000 (INR One Lac)

Documents Required for Private Limited Company Registration:

Passport Size Photograph

Copy of PAN Card

Copy of Electricity Bil

Sale Deed (if owned)

Copy of Aadhar Card

Address Proof (Bank Statement/Mobile/Telephone Bill)

Copy of Rent Agreement(if rented)


Steps involved in Private Limited Company Incorporation in India:

Stage 1: Application for Company Name Reservation

Stage 2: DSC (Digital Signature) of two directors

Stage 3: Application for Certificate of Incorporation by submitting Final Documentation (like AOA, MOA, Consent Letters, and Business Address Proof etc.) including an application for DIN, PAN & TAN

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