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Private Limited Company Registration Seems Difficult - Know How a Corporate Lawyer Can Help!

by Ronit Roy - 25 Jul 2022, Monday 451 Views Like (0)
Private Limited Company Registration Seems Difficult - Know How a Corporate Lawyer Can Help!

Starting a business of your own is not an easy decision. You must have a thorough knowledge of the various business structures and the benefits you can reap by adopting such a form of business. If you are planning to start your own business in India, a Private Limited Company is the best option because, in this type of business, you will incur limited liability only to the extent of your financial contributions. Also, it is easy to raise funds from reliable investors, and you can attract more vendors and employees. 


Further, a private Limited Company has a separate legal identity. Hence, no one can entangle you in any legal matter in the designation of its Director or Shareholder. However, you must opt for the Private Limited Company registration as your priority before venturing into the journey of starting your own business. Presently, registering a private limited company has become hassle-free as it happens online. Here are the step-by-step guidelines you may follow:


  • You require applying to the Ministry of Corporate Affairs to obtain a Digital Signature Certificate (DSC).
  • Each Director will require the Director Identification Certificate (DIN). Fill out the SPICe+ form and apply for the same. 
  • Name of the company plays a crucial role in registration. Your application will get rejected if another company has the same name. So, you should fill out the SPICe+ form with a name that does not match any other company and submit it to the MCA portal. 
  •  After you submit all the necessary documents, wait. Once the SPICe+ form verification is complete, you will receive your Certificate of Incorporation with PAN and TAN of the company. 


How well-experienced and knowledgeable lawyers can help your business grow?

The top corporate advocates not only help you in the complex procedure of Company Registration, but their valuable legal advice can also become a boon for your start-up. Following are how their guidance helps:


  • The best lawyers offer legal guidance well-tailored to suit your business needs.
  • The top-ranking corporate lawyers in India will inform you of the various laws regarding business; they will handle your day-to-day business, legal and financial matters. When necessary, they will also represent you before the Court.
  • The legal advice of the erudite advocates will help you avoid penalties and interests, helping your business to grow successfully.


Frequently asked questions

Q. Can I get legal assistance from top lawyers at any place I want?

Yes, the best corporate lawyers in India provide premium legal services online. You can consult them anytime and anywhere you want.


Q. What is the least number of Directors I can have for my company? 

You must have at least 2 Directors for your company. 


Q. What is the minimum amount of capital required to start my company?

To start your own company, you would require a minimum capital of Rupees One Lakh.

Conclusion:

Private Limited Company registration is a 4-step easy process now. If you still find it difficult, contact the best company registration lawyers who will make the procedure smooth and effortless for you.