The fast economic growth of India attracts Foreigners for Company Registration in India through FDI(Foreign Direct Investment) and Private Equity Capita.It is the controlling ownership in a business enterprise in one country by a share based in another co
According to the New Companies Act, 2013, certain mandatory formalities to be taken care.Post Incorporation Duties for Private Limited are as follows:1:Appointment of the Legal Auditor.2:Security Allotment.3:Filing INC-21 with RoC(Registrar of Companies).
The authorized capital of 1 lakh is alloted by the Ministry of Corporate Affairs(MCA) for Private Limited Company after its incorporation.It helps to decide value of shares that they will receive in return to their investment in the company
Private Limited Company can be converted to several other limited companies such as One Person Company and LLP but there are certain regulations and conditions which need to be met after which the company conversion can be carried out.
Authorized Capital is the maximum amount of share that a company is authorized to have by its constitutional documents to issue to the shareholders whereas Paid-Up Capital is the amount in a company which is funded by the shareholders
To Open a Company Bank Account for Private Limited Company:1 The Certificate of Incorporation.2 DIN (Directors Identification Number).3 Memorandum of Association (MOA).4 Article of Association (AOA).5 Board Resolution for opening the Current Account.
What type of business should be incorporated whether an LLP, OPC, Pvt Ltd or others?If you are an entrepreneur with a new business idea, then you must have a separate identity and must be sure of the legal protection of the same.
Conversion of LLP to Pvt Ltd:According to The LLP Act, 2008 Conversion of LLP to Private Limited Company is not possible.but the Ministry of Corporate Affairs mentions that if the Companies Act is revised & provisions are enabled then can be worked out