Private Limited Company
Private Limited Company Registration in India
Setting up a business in India often involves choosing a Private Limited Company (Pvt. Ltd.), as it provides limited liability protection to shareholders while maintaining clear ownership structures. Unlike an LLP, where partners manage the business, a Private Limited Company distinguishes between directors and shareholders, ensuring a well-structured management system.
At Samnic4U, we offer a hassle-free and cost-effective private limited company registration service. Our expert team ensures seamless registration by handling all legal formalities while maintaining strict compliance with the Ministry of Corporate Affairs (MCA) regulations.
Types of Private Limited Companies:
1. Company Limited by Shares
- The most common type of private limited company.
- Shareholders’ liability is restricted to the amount unpaid on their shares.
- The company’s capital is divided into shares, and members are only liable for their subscribed shares.
2. Company Limited by Guarantee
- Members’ liability is limited to the guarantee amount mentioned in the Memorandum of Association (MOA).
- The guarantee is applicable only if the company is wound up.
- Commonly used for non-profit organizations, clubs, or charitable trusts.
3. Unlimited Company
- No limit on members’ liability, meaning personal assets can be used to cover company debts.
- Despite unlimited liability, the company is still considered a separate legal entity.
- Rarely used due to the high financial risk involved.
Documents Required for Private Limited Company Registration
