The Best Legal Structure for Your Business Success
What is a Private Limited Company (PLC)?
Benefits of Private Limited Company
- The PLC structure ensures continuity of your business, no matter what happens. Despite the death or incapacity of the owner of the company, the company continues to operate.
- Through PLC you can easily raise capital from investors. This helps in expansion and growth of the business. Investors are more attracted to invest in PLC, as their liability is limited.
- As a registered company, you can gain more credibility among your customers and investors. PLCs are legally recognized, which increases the credibility of the business.
- Through PLC you can get various tax benefits, such as income tax deduction and other benefits. Tax benefits are available on business expenses, which reduces the tax burden.
Process of Establishing a Private Limited Company
First of all, the name of your company is reserved. This name must be unique and must not match any other registered company. The name reservation process is completed by our team. Company directors require a Digital Signature Certificate, which is useful for signing electronic documents. We simplify the process of obtaining a DSC for you.
It is necessary for directors to obtain a Director Identification Number (DIN). It ensures the identity of the directors. Our team assists you in obtaining the DIN. All the required documents such as Memorandum of Association (MOA) and Articles of Association (AOA) are prepared in electronic form. The preparation and submission of documents is done by our team.
By compiling all the documents, the registration application is submitted. We monitor and follow-up the entire process. Finally, after company registration you receive the CIN (Company Identification Number) of the company. This confirms the establishment of your business.
