LLP vs. Pvt Ltd LLP vs. Pvt Ltd: Embarking on the quest to choose between a Limited Liability Partnership and a Private Limited Company unravels a remarkable and intricate decision-making process, intricately shaped by a plethora of factors. To navigate this captivating landscape and emerge with an enlightened decision, it is imperative to delve deep… Read More »
TDS compliance for Pvt LTD Company TDS Compliance for a Pvt LTD company involves fulfilling various requirements to deduct and remit TDS on specified transactions. Here are the key aspects of TDS compliance for a private limited company: Obtain TAN (Tax Deduction and Collection Account Number): Ensure that the private limited company has obtained… Read More »
Can a private limited company be a proprietor of a firm No, a private limited company cannot be a proprietor of a firm. In legal terms, a proprietor refers to an individual who owns and operates a business as a sole proprietorship. A sole proprietorship is a business structure where the owner has complete control… Read More »
Required Document for Pvt. Ltd Company The documents required for private limited company registration in India typically include the following: Identity and Address Proof Requirements for Directors and Shareholders: To fulfill the registration process, it is necessary to provide valid identity and address proof for both directors and shareholders involved in the company. These proofs… Read More »
Company registration Pvt Ltd Company registration Pvt Ltd, A company becomes a private limited company or Pvt Ltd when it completes the necessary legal procedures and fulfills the requirements specific to its jurisdiction. The exact process and requirements may vary depending on the country or region in which the company is being register. Here… Read More »
Conversion Conversion, Yes, an OPC (One Person Company) can be convert into a private LTD company under certain circumstances. As per the provisions of the Companies Act, 2013 in India, an OPC can be convert into a private LTD company if it meets the eligibility criteria and follows the prescribe procedure. To convert an… Read More »
GST registration for private limited company Yes, GST (Goods and Services Tax) registration is mandatory for a private limited company in India under certain circumstances. Here are the general criteria for GST registration: Threshold Turnover: If your company’s annual turnover exceeds the specified threshold, GST registration is mandatory. The threshold limits vary based on the… Read More »
Companies Act 2013 To establish a private limited company under the Companies Act 2013 in India, it is imperative to meticulously follow the registration process elucidated below: 1.Obtain Director Identification Number (DIN): Ensure that all proposed directors of the company have a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs… Read More »
Incorporation Incorporation for registering a Private Limited Company in India, you need to follow these steps: 1.Obtain Digital Signature Certificate (DSC): The first step is to obtain a Digital Signature Certificate (DSC) for the directors and shareholders of the company. This is required for filing the registration forms online. 2. Apply for Director Identification Number… Read More »
Shareholder rights Yes, preference shareholders are considered members of a private limited company in India. However, Shareholder rights and privileges may be different from those of equity shareholders. Preference shareholders entitles to a fixed rate of dividend, which pay to them before any dividend paid to equity shareholders. They also have priority over equity shareholders… Read More »