About Private Ltd/LLP/OPC
A private limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders.
To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Start-ups and growing businesses choose to register a company in India because it allows outside funding to be raised easily, limits the liabilities of its shareholders and enables them to offer employee stock options to attract top talent.
Gomatrix can help you register a private limited company.
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BENEFITS
Easy Bank Loans
All the business which are registered under the MSME can avail the benefits regarding the bank loans.
Easy to open business bank account or any other license registration
MSME Registration Certificate treat as legal entity proof of the business so you can easily open a current bank account.
Participate in the International Trade Fairs
- Govts provide benefits to participate and special consideration in the international and national trade fairs which is organised by the MSME Department.
Octroi Benefits under MSME
:- In this scheme govt provides the refund of the octroi which is imposed on the goods and services.
Stamp Duty and Registration Charges Waived off
Previously all the enterprise which are expand their business in the IT Park or SEZ they avail the benefits under the Stamp Act but now all the small enterprise also can avail these benefits.
Exemption under the Income Tax as Direct tax
All the small business which are doing some really innovative or towards the society improvement then they can take the benefits of the income tax in the initial years.
Get Reimbursement under the Bar Code Registration
Under this scheme you are eligible for the subsidy under the bar code registration.
Industrial Promotion Subsidy
Under this scheme govt wants to promote the small enterprise so they provide benefits regarding industrial promotion in terms of subsidy.
Protection in the Delay
Payments from Buyers - This is most common problem for the small business. Buyers are always dealy in the payments to the small business but under this scheme all the enterprise are protected and can file case against the buyer & settlement of the dispute in the minimum time.
Reduction in rate of the Interest by the major banks
Under this scheme you are eligible for the subsidy under the bar code registration.
Get Capital Subsidy
Under this scheme all the enterprise got the 15% capital subsidy so they can purchase the plan and machinery for the same.
Security Deposit Waived off
Small Enterprise have very small amount of the working capital to run their business but in the some registration they have to deposit the security money so under this scheme its has been waived off for the msme registration enterprises.
Concession in the Electricity Bills
All the small enterprise which have MSME Udyog aadhar Certificate can avail the concession in the electricity bills in the particular areas.
Preference in the Government Tenders
- MSME certified enterprise are prefered in the government tenders during the bid.
Got the Subsidy on the Patent Registration
Under this scheme you got the 50% waived off in the patent government registration fee.
PROCEDURE FOR MSME/SSI REGISTRATION
1) CHOOSE A LLP REGISTRATION
2) FILL UP THE ENQUIRY FORM
3) Our Expert Will Call You
4) We Will Mail Document List
5) SUBMIT LLP APPLICATION
6) GET LLP CERTIFICATE
FAQ
To incorporate a private limited company, a minimum of two shareholders are required. A minimum of two shareholders and a maximum of up to 200 shareholders are allowed in a private limited company. The shareholders could be natural persons.
A private limited company must have a minimum of two Directors and can have up to a maximum of fifteen Directors.
The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency.
Minimum authorized capital of Indian Rupees 100,000 is required to form a private company in India.
Yes, every company registered in India must have a registered office where all official communication is sent by the MCA, governmental agencies, financial institutions, etc.
Director Identification Number is a unique number assigned by the Ministry of Corporate Affairs to Individuals on application made, which allows any individual to be Director in any Company or Designated Partner in LLP. Director Identification Number never expires and a person can have only one Director Identification Number
MOA means Memorandum of Association and AOA means Articles of Association. These are the byelaws or rules based on which important matters like main business of the company or meetings is decided. These are standard legal documents prepared by Company Secretaries during registration of the Company.
A Digital Signature establishes the identity of the sender or signee electronically while filing documents through the Internet.
Yes, one can register the company at their residential address. One requires submitting the utility bill copy of the same.
GST Registration is optional till the 20 lakh rupees turnover and for north east state 10 lakh rupees turnover. it’s a complete separate registration apart from private limited company registration.
No, new company registration is a fully online process. As all documents are filed electronically & you would need to send us scanned copies of all the required documents & forms.
If you have all the documents in order, it will take no longer than 15 to 30 days..
Minimum 2 Shareholders,Minimum 2 Directors ,Minimum 1 Lac Share Capital ,DPIN for all Directors,At least one Designated partner must be an Indian Resident
No, new company registration is a fully online process. As all documents are filed electronically & you would need to send us scanned copies of all the required documents & forms.
At least two partners are required for LLP registration. The maximum partners can be 200.
Yes, you can register your LLP at your residential address.
No, you can’t convert your LLP into a Private Limited Company. if you want to expand your business you can register a new Private Limited Company with the same name as that of the LLP. The LLP company just needs to issue a no objection certificate.
Any group of persons who have or want to invest money in a business can start an LLP. A person or an investor becomes a partner, according to the LLP agreement, as provided in the Act of 2008.
There is no minimum capital contribution requirement. It can be registered even with Rs. 100 as total capital contribution.