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Mumbai, also recognized as Bombay, is the capital of the Indian state of Maharashtra. Mumbai is India’s most populous metropolitan, with a city total population of 12.4 million people. It is also regarded as India’s monetary, economic, and entertainment capital. Mumbai is home to the country’s major container terminal, Jawaharlal Nehru Trust Port (JNTP). Since Mumbai is such a luxurious, wonderful, and optimistic place, establishing a business or a corporation here would result in tremendous success and benefit. Mumbai could be the perfect place to launch your own business. If you want to start a company in India, Mumbai is a must-consider destination.
Minimum Requirements for Private Limited Company Registration
There are numerous advantages for Pvt Ltd company registration. Few are listed below
Answers to All Your Questions! If you have any further questions, please do not hesitate to contact us.
There exists no bar on turnover or capital in private Limited Company registration unlike One person Company.
Minimum two directors are required to incorporate a private limited company. Companies Act, 2013, has introduced the concept of One Person Company (OPC) private limited, in which a single individual can start a private limited company registration. Thus, if you plan to incorporate OPC, you can incorporate it with only one director.
Yes, Registration for a Private Limited Company is necessary as, without registration, there can be no existence of a company.
To register a Private Limited Company, following are the minimum requirements:
2 Directors, one of which has to be an Indian resident and an Indian Citizen.
2 shareholders who can be a natural person or a legal entity.
There is no requirement of minimum share capital to start a company. a company can be registered even with a 10,000/- Rupees.
These are the private limited company registration requirements.
We are a Team of Expert CA, CS, Lawyers & Professional Accountants with the objective to meet the Compliances requirement of the Businessman. We provide end-to-end Consultancy, Registration, advisory and Compliances Consultancy to our Clients.
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