Private individuals or entities own a Private Limited Company that offers limited liability protection to its shareholders, meaning their assets are not at risk beyond their investment. The transfer of shares is restricted, ensuring that ownership remains within a select group. Additionally, a Private Limited Company is recognized as a separate legal entity capable of owning property, entering into contracts, and initiating or facing legal proceedings.
Private limited company registration in Bengaluru
Private limited company registration in Bengaluru
Features of Private Limited company Registration in Bengaluru
Restricted Share Transfer
In a Private Limited Company, shares cannot be freely transferred to the general public. Any transfer requires the approval of existing shareholders, helping maintain control within a trusted circle.
Exclusive Ownership Structure
Ownership is typically limited to a small, select group such as family members, friends, or chosen investors who hold shares in the company.
Limited Liability Protection
Shareholders are only liable for the amount they have invested in the company. Their personal assets remain protected, even if the company encounters financial difficulties.
Privately Held Shares
The shares of a Private Limited Company are not listed on public stock exchanges and cannot be traded publicly. This ensures the ownership remains private and controlled.
Perpetual Succession
The company continues to exist regardless of changes in ownership. Its operations remain unaffected by any shareholder's resignation, departure, or death, and dissolution requires a formal legal process.
Flexible Capital Raising
Private Limited Companies can raise capital through private channels, including contributions from existing shareholders, angel investors, or venture capitalists.
Shareholder Requirements
A minimum of two and a maximum of fifteen shareholders are required to register a Private Limited Company in Bengaluru.
Separate Taxation
The company is subject to corporate taxes as an independent legal entity. In addition, shareholders may be individually taxed on dividends they receive.
Independent Legal Identity
A Private Limited Company in Bengaluru operates as a separate legal entity from its owners. It can hold assets, enter into contracts, and engage in legal proceedings in its name.
Guide to Pvt Ltd Company Registration in Bengaluru
1. Get a Digital Signature Certificate (DSC)
2. Apply for a Director Identification Number (DIN)
3. Get Your Company Name Approved
4. Fill and Submit the SPICe+ Form (INC-32)
5. Draft and Submit e-MoA and e-AoA (INC-33 and INC-34)
6. PAN & TAN Application
Documents Required for online company registration in Bengaluru
- Passport-sized photo and signature(digital) of the owner.
- PAN card or Passport for foreign nationals & NRIs.
- Voter ID/passport/driving license.
- Latest bank statement/telephone or mobile bill/electricity or gas bill of owner and office.
- NOC from the property owner of the office.
Types of Pvt Ltd company registration in Bengaluru
- Company limited by Shares
- Company limited by Guarantee
- Unlimited Company
FAQ's
Few doubts important to be resolved quickly
1. Is it mandatory to hire professional services for online company registration in Bengaluru ?
2. Can NRIs or foreign nationals be directors in a Bengaluru-based Pvt Ltd company ?
3. Can I register my Pvt Ltd company online ?
4. How long does registering a Pvt Ltd company in Bengaluru take ?
5. How many directors are required to start a Pvt Ltd company ?
Packages for Private Limited Company Registration
GOLD
- Registration within a week
- Authorised Capital upto 5 lakhs
- MOA, AOA, Pan, Tan, e-copy
- 2 DIN & DSC
- Certificate of Incorporation e-copy
- FREE CONSULTANCY
- GST Registration
- Udyam Registration
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Google Analytics & Web mails
- Trademark Registration
- Audit & Annual Compliances
- Iso 9001:2015
- Appointment of Auditor
- Commencement Certificate
- ITR of Company
PLATINUM
- Registration within a week
- Authorised Capital upto 5 lakhs
- MOA, AOA, Pan, Tan, e-copy
- 2 DIN & DSC
- Certificate of Incorporation e-copy
- FREE CONSULTANCY
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Google Analytics & Web mails
- GST Registration
- Udyam Registration
- ISO 9001:2015
- Trademark Registration
- Appointment of Auditor
- Commencement Certificate
- Audit & Annual Compliances
- ITR of Company
DIAMOND
- Registration within a week
- Authorised Capital upto 5 lakhs
- MOA, AOA, Pan, Tan, e-copy
- 2 DIN & DSC
- Certificate of Incorporation e-copy
- FREE CONSULTANCY
- Professional Website
- 1 year Domain & Hosting
- Basic On-Page SEO
- Google Analytics & Web mails
- GST Registration
- Udyam Registration
- ISO 9001:2015
- Trademark Registration
- Appointment of Auditor
- Commencement Certificate
- Audit & Annual Compliances
- ITR of Company