Set up a private limited company in India - Noida

Tuesday, 8 February, 2022

Item details

City: Noida, Uttar Pradesh
Offer type: Offer
Price: Rs 5,000

Contacts

Contact name Startup
Phone 08448440104

Item description

A private Company registration is one of the most popular business registrations among the small, medium, and large enterprises in India. Start-ups and businesses with higher growth aspiration popularly choose Private Company registration as a suitable business structure. A private Company Registration doesn’t invite the public to subscribe its share capital. It is mandatory to use the word “Private Limited’ at the of the name of the Private Limited company registration. This form of company has many benefits such as no interference of public or government, no requirement for the issue of the prospectus, separate legal existence from its members, can enter into a contract in its own name. A private limited company registration enjoys a better option for borrowing funds. It can issue debentures secured as well as unsecured. Banks and other financial institutions also prefer giving financial assistance to large private firms. Registering a Private Limited company gives a brand image to business compared to running a business as a sole proprietor. Generally, large business firms prefer to deal with companies instead of sole proprietor firms. There might be a requirement of tender or job work, which can be applied only by the company.