<Private Limited Company Registration in Madurai

Private Limited Company Registration in Madurai

Private limited company registration in Madurai is important since the number of directors needed is only 2. The firm is limited to have shareholders is fifty or fewer and the liability of the owner is limited to share. It has minimum paid-up capital of Rs. 1 lakh. It also can have higher amount which can be prescribed from time to time. The prospectus contains detailed statement of the company affairs and it can be issued by a company for its public. But in case of private limited company the prospectus is not issued since the public is not invited.

The prospectus contains detailed statement of the company affairs and it can be issued by a company for its public. But in case of private limited company the prospectus is not issued since the public is not invited

Private limited company Registration
Private limited company Registration
Private limited company Registration

Features of Pvt Ltd Company

  • Separate identity

    A private limited company is examined as a separate legal entity. This private limited company has own identity and acknowledged as a separate company under law.

  • Limited Liability

    The private limited company has the greatest benefit of its limited liability. The liabilities are limited to their shares only. This company feature protects the income of shareholders and personal assets at times of any financial critical points faced by the company.

  • Tax Advantages

    The private limited companies can pay tax on taxable profits and they are exceptedfrom high personal income tax rates.

  • Members and shareholders

    Only two shareholders and two members are need to incorporate a private limited company. This gives many Entrepreneurs as a chance to set up their new own company.

  • Flexible Connections

    A person can act as a shareholder, a director and an employee at the same time, when private limited company is taken into examinations. They are considered as valid too. Solubilis Corporate Services LLP is the Leading Professional firm assist you in registering Company. We register a private limited company registration within 12 working days.

  • Share Transfer

    transferring of shares is not as easy when compared with public companies.

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