Private limited company is a company which is held by small group of people. Minimum 2 persons are required to incorporate a private limited company. Usually they have a great brand value as they are called as perpetual person, means people may come and people may go but company will stay forever. In India, there are a lot of Partnership firms but they had a major drawback that if one of a partners engages himself in any scrupulous activity and incurs losses, all the partners are legally liable to compensate for losses. Whereas in case of Private limited company, shareholders’ property can’t be attached for director’s scrupulous activities. All losses have to bear by company itself and in case company doesnot have sufficient funds, the company will have to liquidate but shareholders don’t have to give a penny other than uncalled amount of their shares subscribed.

Finlogic can help you incorporate your Private limited company in Just 15 days with very competitive prices. Following are the main advanatges of incorporating a company :

Sale of Company: company’s shares can easily be transferred and thereby company’s ownership. Even directors can easily be changed

Limited Liability : As explained above, in case of losses, company cannot demand amount from shareholders .

Fund Raising : Funds can easily be raised from investors. Private limited company has a very good brand value associated with it and as such investors are willing to invest in Private limited companies.

Documents required for Company incorporation

1. Name of New Company (Should not be identical to any other company or trademark)
2. Identity, Address Proof, photo of all subscribers.
3. Digital Signature of all subscribers.
4. Specimen signature of authorized signatory
5. Utility Bill where the company is to be registered

* RUN will be used only if necessary, if the name is unique we will file it directly to save time.
**Stamp Duty as applicable state wise to be borne by customer apart from the package cost.