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Private Limited Company

Registering your own company online can be a very simple and easy process. We are here to help. At Clearbiz, we firmly believe that you should focus on your business while handling the registration and compliance aspect for you.
Register Private Limited Company
INR 14999 /- only

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    Private Limited Company Registration in Andhra Pradesh

    Registering your own company online can be a very simple and easy process. We are here to help. At Clearbiz, we firmly believe that you should focus on your business while handling the registration and compliance aspect for you.

    What is a Private Limited Company?

    A private limited company is one of the most popular business formats. In Andhra Pradesh alone many private limited companies have been registered across a wide variety of industries Here are some features that make a private limited company registration attractive to businesses

    Limited Liability:

    For all legal purposes, a private limited Company is a separate legal entity. This ensures that the personal assets of shareholders/members are protected from business liabilities and losses

    Perpetual Succession:

    As the maxim goes. men may come and men may go, but the Company goes on forever. Being an artificial person, a company can be perpetual and go on even after the passing of its members

    Capital Acquisition:

    Raising investments is generally way easier for a private limited company since it enjoys the benefits of greater credibility amongst stakeholders

    Tax Benefits:

    Under the current corporate tax rates prevailing in India, a company form of business enjoys better taxation benefits than other forms like Firms, LLPs or sole proprietor

    Document Checklist for Private Limited Company Registration in Andhra Pradesh

    Here is a list of documents that must be kept ready for registration of Private Limited Company

    1. PAN Card of all directors
    2. Aadhaar Card of all directors
    3. Address proof (e.g., utility bill)
    4. Passport-sized photographs
    5. Rental agreement or property documents of the registered office

     

    FAQs On Private Limited Company Registration In Andhra Pradesh

    Get answers to all your queries

    The registration fee is based on authorized capital of the Company and professional Fees. To get a detailed quote book your call today

    A minimum of two directors are required for registration

    No, Only a public company can issue shares to members of general public. A private company can allot shares to existing members through rights issue or make a private placement. To discuss more get in touch with the CLearbiz Experts

    Yes, they can register a company in India, however the process stated above will have minor changes. To know more drop in a mail at info@clearbiz.in

    A minimum of two member shareholders required

    Types of Private Limited Companies

    On the  basis of formation , private limited companies can be classified as below

    1. Company Limited by Shares: This is the most widely adapted form of Private limited company.Here the share capital is clearly stated in the memorandum of association. The members liability is limited to the value of unpaid amount of the called share capital if any
    2. Company Limited by Guarantee: Here the members stand guarantee to the liability of the company and their liability to third parties is limited to such amount of guarantee
    3. Unlimited Companies: Here the members of the companies have unlimited liability towards third party claims , this means in case of losses or liabilities over and above companies resources , the members will have to personally settle the same.
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    Benefits of a Private Limited Company

    Now lets have a look into the advantages of registering a private limited company in Andhra Pradesh

    1. Limited Liability: The most lucrative feature of a private limited company is it offers the benefit of limited liability. This in simple words means members of the company will not be held liable for the business obligations of the company. This offers protection to the personal assets of the shareholders
    2. Perpetual Succession: As the maxim goes, men may come and men may go, but the company goes on forever. Being a separate legal entity a Company has perpetual existence. It can go on with its operation till wound up by law
    3. Capital Acquisition & Credibility: A private limited company enjoys the benefit of acceptance and credibility. It is an ideal business structure for  entities who want to scale up their operations and attract investors
    4. Tax Benefits: The present income tax regime offers several leniencies to private limited companies: Tax rates range between 15 % to 30% depending on operations and some conditions

     

    Requirements for Company Registration In Andhra Pradesh

    Registering a private limited company in Andhra Pradesh is a quick and simple process. To do the same ensure the following requirements are met

    1. Directors and Members: Minimum of two directors and shareholders are required for registering a private limited company
    2. Company Name: Name must comply with the restrictions placed by the Companies Act and Rules there under.
    3. Address of the Registered Office: A physical location in India is mandatory for forming a private limited company. This serve as the registered Office of the Company and is the location where all correspondence shall be intimated. A private limited company can then maintain as many branches as required for its operations
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    Company Registration Process

    Private Limited Company Registration is a seamless and hassle-free process, once it is entrusted with our expert team. Here is an overview of the process

    Step 1: Obtaining Digital Signature Certificates (DSCs)

    As per the provisions of the Companies Act and applicable rules, every person acting as a director of a company must hold a valid DSC. Moreover, all Forms are processed online now, and a digital signature is a mandatory requirement for signing

    Step 2: Applying for Director Identification Number (DIN)

    Obtaining a DIN is a prerequisite for joining a company as a director

    Step 3: Securing a Unique and Compliant OPC Name

    Choose the right identity for your business by ensuring your OPC name is unique and compliant with the prevailing rules. Ensure it does not cause any Trademark objection

    Step 4:Keep ready  Essential Documents for Registration

    Collect necessary documents such as:

    • Director’s Identity and Address Proof
    • Proof of Registered Office Address
    • Prepare Memorandum of Association (MoA) and Articles of Association (AoA)

    Step 5: Submitting the completed Incorporation Forms with the Ministry of Corporate Affairs (MCA)

    Step 6: Acquiring the Certificate of Incorporation From MCA/ ROC -Andhra Pradesh

     

    Cost Involved in Private Limited (Pvt Ltd) Company Registration

    We at  Clearbiz believe in a No Surprises Policy. Once we have an in-depth discussion with the client, we provide a detailed professional fee quote. Only if the client approves we move forward. We focus on providing affordable business solutions to act as an enabler for your business

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    Conclusion

    Registering a private limited company in Andhra Pradesh will never get easier. Entrust us with your entrepreneurial dreams and we promise to deliver. Enjoy the benefits of a private limited company in Andhra Pradesh, that too fully compliant 

    Contact us now to start your registration process!

    For more information, visit www.Clearbiz.in or get in touch today for a free consultation.